Snappt, a platform specializing in applicant trust for multifamily housing, has announced a strategic partnership with CLEAR, a secure identity company. This collaboration involves Snappt integrating CLEAR’s identity platform, CLEAR1, to enable property managers to streamline applicant verification, reduce fraud at scale, and minimize manual effort.
The integration combines Snappt’s 99.8% accurate document fraud detection capabilities with CLEAR’s identity verification technology. This combined approach aims to help property managers address the industry’s average fraud rate of 6.5%, as reported in Snappt’s mid-year fraud report, while maintaining a streamlined experience for applicants.
“This partnership represents a significant evolution in how our industry approaches applicant verification,” said James Hyde, CEO of Snappt. “By integrating CLEAR’s trusted technology into our Applicant Trust Platform, we can deliver unparalleled security and user experience to property managers and applicants alike.”
This integration expands Snappt’s growing ecosystem, providing property managers with additional methods for identity verification without compromising speed, simplicity, or security. The embedding of CLEAR1 is intended to strengthen Snappt’s end-to-end fraud prevention toolkit while supporting operational efficiency. The joint solution is available to all Snappt customers, with onboarding supported by Snappt’s account teams.
Snappt, founded in 2019 and based in Los Angeles, operates as an Applicant Trust Platform designed to assist multifamily property managers in preventing fraud, verifying income and identity, and building trusted communities. The company has established itself as an industry provider in AI-powered fraud detection, having analyzed over 14 million documents with a stated accuracy of 99.8%. Its platform offers comprehensive verification services covering income, rent, payroll, and identity to support leasing decisions. Snappt also maintains a dedicated Fraud Forensics team.
