Socure

Socure is an AI risk-scoring platform that detects synthetic identity fraud and verifies first-party users. Founded in 2012, it is headquartered in Incline Village, Nevada, with New York as a second location.

Products The listed modules are Sigma Identity Fraud, Sigma Synthetic Fraud, a First-Party Fraud Score, Phone, Email and Address Risk, and Device Risk. Targeted verticals are fintech, banks, iGaming, sportsbooks, crypto, BNPL and PSPs.

Markets and clients Core markets are the United States, Canada and the United Kingdom, with the company claiming global reach across more than 190 countries. It names DraftKings, FanDuel, Chime, SoFi and major US banks as users and states a valuation of $4.5 billion.

Terms Socure is sold under an enterprise SaaS contract. Per-check pricing is not given, so volume terms are set in negotiation.

Operators comparing identity-fraud tools will note the split between synthetic-identity and first-party-fraud models, which are usually handled by separate vendors.