Cleafy Lands €12M ($13.1M) To Reinvent Fraud Detection
Hey Digital Banking Fanatic!
Cleafy has raised €12M ($13.1M) in a Series B round co-led by United Ventures and eCAPITAL.
That brings total funding for the Milan-based cybersecurity firm to €22 million ($24M).
It has been building this for more than a decade. Today, it works with 150+ financial institutions across Europe and Latin America, protecting over 250 million end users.
The core idea is simple: detect attacks before they reach the transaction layer. Most anti-fraud systems still analyze isolated transactions.
Cleafy instead correlates signals across web, mobile, backend systems, and networks to identify attacker infrastructure early.
Matteo Bogana, CEO of Cleafy, put it clearly: “We built Cleafy to change this equation fundamentally, reconstructing how attacks form and stopping them weeks before they can cause damage.”
The signals have been building for some time. As fraudsters increasingly scale attacks with automation and AI, banks are under pressure to move from reactive monitoring to predictive defense models.
With the new capital, Cleafy plans to expand further across Europe and Latin America while strengthening its global threat intelligence capabilities.
The fight against fraud is moving earlier in the stack. Keep scrolling 👇 I’ll connect more signals shaping that shift below. Next week, I'll be back in your inbox!
Cheers,
INSIGHTS
🇪🇺 Top 20 Largest Banks in the European Union by Market Cap 👇
NEWS
🇮🇹 Cleafy raises €12M to expand financial fraud detection technology. With the new investment, Cleafy plans to accelerate the development of its predictive security capabilities, expand global threat analysis, and strengthen its presence in key banking markets across Europe and Latin America.
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