Solana news: Konfir Joins Experian’s Verifications Business to Expand UK Data Coverage

Konfir Acquisition by Experian

Experian has acquired Konfir, integrating it into its verifications business. This move aims to expand data coverage for employment and tenancy checks in the UK, building on an existing partnership between the two companies.

Enhanced Data Integration

The acquisition formalises a commercial relationship established in 2023, when Experian's Work Report payroll data was first integrated into Konfir's verification processes. Currently, Experian's payroll data is used in over 30% of Konfir's verifications, offering a unique UK data source that does not require additional applicant authentication, thereby reducing friction in the verification journey.

Future Platform Developments

Konfir will continue to provide its current products and services to existing clients. Over time, the company plans to integrate more Experian data sets, such as credit data, expanded banking insights, and enhanced payroll attributes. These additions will complement Konfir’s existing Open Banking, HMRC, and document processing features, aiming to improve verification rates and analytical capabilities.

Industry Trends and Context

The UK verification sector is experiencing consolidation, with larger data providers seeking to enhance their capabilities across employment, identity, and financial checks. Multi-source verification workflows are increasingly favoured by regulators and employers for their reliability and auditability. Experian’s acquisition of Konfir positions it to deliver a more integrated verification solution for clients requiring comprehensive data checks.