Announced
Synopsis
Socure, an AI-first platform for global identity, compliance and risk decisioning, completed the acquisition of Qlarifi, a real-time buy now pay later consumer credit database. Financial terms were not disclosed. "By joining forces with Socure, we now have their tremendous commercial scale, balance sheet, and world-class analytics behind us to build the infrastructure that will enable responsible lending at scale and demonstrate to regulators that the industry can protect consumers while expanding access to credit," Alex Naughton, Qlarifi Co-Founder and CEO.
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