Socure, a US-based digital identity verification and fraud prevention platform, has acquired BNPL credit data provider Qlarifi to merge identity verification, fraud prevention, and BNPL underwriting into a single decisioning infrastructure. The deal addresses a structural gap in BNPL markets, fragmented visibility into consumer repayment behavior, aiming to reduce first-party fraud and prevent borrower overextension. Strategically, the acquisition positions Socure as foundational infrastructure for regulated, credit-responsible BNPL amid increasing scrutiny from lenders and regulators.
ID Verification Firm Socure Acquires BNPL Consumer Credit Database Qlarifi
