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Heron Data

Heron Data offers APIs for SMB classification, underwriting and KYB enrichment, using machine learning to categorize businesses, detect risk and accelerate onboarding for lenders and fintechs.

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Our Verdict

SMB underwriting and classification API for lenders; not a substitute for a full KYB/KYC stack.

Pros

  • ML classification of SMB transactions for underwriting
  • KYB enrichment on top of raw business records
  • Built for lenders who need risk signals fast
  • Reduces manual analyst work on applications

Cons

  • Scope narrow: SMB lending and underwriting focus
  • Not a full KYC or sanctions screening vendor
  • Works best with US and UK data coverage
  • Requires banking data access to shine
Best for: SMB lenders and fintechs needing transaction classification and KYB enrichment for underwriting Not for: Teams looking for full KYC, document verification or global sanctions screening coverage

When to Use Heron Data

Good fit if you need

  • SMB business classification API for lender underwriting
  • KYB business enrichment for fintech merchant onboarding
  • Cash flow analysis from bank transactions for credit risk
  • Business risk scoring for BaaS platform onboarding
  • Fraud signal detection from business transaction patterns

Lock-in Assessment

Medium 3/5
Lock-in Score
3/5

Heron Data Pricing

Pricing Model
custom
Free Tier
No
Entry Price
Enterprise Available
No
Transparency Score

Beta — estimates may differ from actual pricing

1,000
1001K10K100K1M

Estimated Monthly Cost

$25

Estimated Annual Cost

$300

Estimates are approximate and may not reflect current pricing. Always check the official pricing page.

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