Socure
Also a provider — view Socure’s profile →“Can the leading US identity-verification API become the AI-native decisioning and orchestration OS for all identity, fraud, credit, and compliance risk?”
Founded2012
HQIncline Village, Nevada, US
Latest roundStrategic Growth Investment, 2026
Valuation$5.2B (2026)
IndustryInfrastructure / KYC
The story
Socure started as an identity-verification API and grew into the dominant KYC/fraud vendor for US fintechs and banks (18 of top 20 US banks, 500+ fintechs). Recent strategy is a platform pivot from point KYC to end-to-end 'RiskOS' — an AI-native decisioning and orchestration platform absorbing transaction monitoring, KYB, credit underwriting, BNPL credit data (Qlarifi), and agentic ops (Fravity). Simultaneously expanding into public sector (FedRAMP) and sponsor-bank oversight (Control Center).
Product timeline
2012
Socure founded as digital identity verification company· pivot
2014
Closed initial Series A funding· funding
2025
Achieved FedRAMP Moderate authorization for public sector work· compliance
2025
Partnered with Nova Credit for cash flow-based credit insights via RiskOS· partnership
2025
Acquired Effectiv to add transaction monitoring, credit underwriting, and KYB· acquisition
2025
Acquired Qlarifi, the first real-time BNPL consumer credit database· acquisition
2026
Raised strategic growth investment at $5.2B valuation led by Summit Partners; acquired Fravity (agentic operations platform)· funding
Acquisitions
Fravity2026
Agentic operations platform being integrated natively into RiskOS for AI-agent-driven risk workflows.
Effectiv2025
Added transaction monitoring, payment risk, credit underwriting, and KYB capabilities to RiskOS.
Qlarifi2025
First real-time BNPL consumer credit database, giving Socure BNPL-specific credit visibility to complement its First-Party Fraud Consortium.
The stack
5 layers disclosed in Socure’s embedded-finance stack
Card network
in the full report
Lending
in the full report
Payroll
in the full report
KYC
in the full report
Accounting gap: none
22 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.