SignalsThe largest card panel about merchants
See beyond
your own rails.
Observed merchant revenue, growth, and refunds — derived from 750M+ anonymized cards, 30B+ transactions, and $4.5T+ in annual spend.
→ $14.2M observed card revenue · +18.4% YoY · fixture · synthetic render
750M+
anonymized credit & debit cards
30B+
transactions annually
$4.5T+
in annual observed spend
95%
precision linking brands to entities
Ground truth for GPV
Payment teams see only their own rails. Enigma's panel shows true gross processing volume — size actual card revenue before the first call, spot competitive displacement, and find ancillary streams like subscriptions and tap-to-pay.
- True merchant GPV, pre-call
- Share-of-wallet benchmarking
- E-commerce vs in-person split
Underwrite what's observed, not claimed
Revenue, growth, and refund behavior on 22M+ merchants. Refund-to-revenue ratios correlate with chargeback risk; backtesting shows definitive splitting power in predicting delinquencies.
- 22M+ merchants covered
- Refund ratios flag chargeback risk
- Portfolio monitoring alerts
Preflect
3.3x more bad leads blocked
Preflect
29% higher demo-to-close rate
FMCG Direct
up to 3x more merchant conversions
And much more
Card revenues
~50% of U.S. card transactions
Card refunds
Chargeback risk, early
Growth trajectories
YoY and momentum
Customer counts
Daily customers, avg ticket
Benchmarks
Geography and industry
Lead routing
Self-serve to enterprise
CRM enrichment
Underwriting-grade firmographics
Monitoring
Know when volume shifts
Choose how to get started
Build on your own
Instant access to the graph, self-serve.
- Console + GraphQL API from day one
- Pay-per-match — $0 for searches that don't match
- Agent-ready access over MCP
Get extra support
For regulated programs and high volumes.
- Bring a sample of the businesses you clear today
- Custom attributes and full transaction histories
- Solutions engineering on your integration