Qlarifi offers a real-time, comprehensive consumer credit database with a particular focus on Buy Now Pay Later (BNPL) transactions that are often excluded from traditional credit reports. Its platform updates data every 3.5 seconds, enabling lenders to make more accurate and timely underwriting decisions and to detect fraud patterns earlier. The service is built for scalability and aims to reduce operational risks and scoring costs for lenders while improving access to credit for responsible consumers. Qlarifi emphasizes data privacy and security and states compliance with regulations such as GDPR and CCPA. The company plans to use new funding to build out data infrastructure and drive customer acquisition across key markets. Sector context noted in the article: there are nearly 415,000 daily BNPL applications in the UK.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2025