India, Feb. 7 -- Fintech SaaS startup Perfios has acquired CustomerXPs, the parent entity of banking fraud management startup Clari5, to strengthen its position in the domestic as well as global markets.

However, Perfios has not disclosed the financial terms of the deal.

With this acquisition, Perfios aims to strengthen its fraud and risk management (FRM), fuel company's product-led growth and solidify its footprint in the financial segment.

"The acquisition of Clari5, a leader in EFRM & AML, marks a significant milestone in our journey to build the most comprehensive fraud and risk management ecosystem," Perfios chief executive officer Sabyasachi Goswami said.

(The story will be updated soon.)

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