Trustfull, a provider of AI-powered fraud prevention technology, has secured €6m in a funding round aimed at accelerating its European expansion.
The investment was led by Seaya Ventures and Elevator Ventures, with participation from existing backer United Ventures. The new capital will support efforts to scale the company’s operations across key European markets.
Founded in 2020, Trustfull operates a real-time fraud detection platform built on open source intelligence and AI agents. The system analyses hundreds of digital signals—such as phone numbers, email addresses, IP data, and domain activity—to evaluate user risk, supporting KYC, KYB and AML compliance processes across industries.
The fresh capital will be used to grow Trustfull’s presence in Italy, Spain, and France while also entering new markets with high demand for fraud detection solutions. The funding will also help expand the firm’s sales and marketing teams and accelerate product development, especially in areas such as account opening protection and account takeover prevention.
The funding comes amid a surge in global demand for fraud prevention solutions, with the market projected to grow from $33.1bn in 2024 to $90bn by 2030. Increasing use of AI in fraudulent activity, including synthetic identity fraud and deepfake scams, is driving the need for more intelligent, real-time risk assessment tools.
Trustfull CEO Marko Maras said, “We’re excited to welcome Seaya Ventures and Elevator Ventures as new investors in Trustfull, and grateful for the continued support of United Ventures as an existing shareholder. This new round is a strong validation of our mission to help businesses strike the right balance between fraud prevention and seamless customer experience, and it reflects our proven track record delivering measurable impact for enterprise clients.”
Seaya Ventures partner Aris Xenofontos said, “We believe Trustfull is rewriting the rules of fraud prevention through real-time and AI-powered risk intelligence. Their unique ability to analyze hundreds of digital signals with speed and precision positions them as a true category leader in Europe’s TrustTech ecosystem. At Seaya, we’re proud to support them on their journey to become a global reference in fraud prevention.”
Elevator Ventures managing director Maximilian Schausberger added, “In times when fraudsters are becoming increasingly sophisticated, we believe that Trustfull is redefining the standards for digital risk assessment and online trust. We are proud to support the team as they continue to build a category-defining platform with lasting impact.”
By the end of 2025, Trustfull is expected to process more than 100 million fraud checks annually, supported by growing demand across sectors such as banking, payments, e-commerce, travel, and iGaming. Its enterprise clients include Nexi, Ing Bank, Scalapay, Elavon, Cofidis, AirHelp, and Sisal. The company has earned a place on Sifted’s list of fastest-growing firms in Southern Europe for two years running, and was featured in the 2025 RegTech100 and FinCrimeTech50 rankings from FinTech Global.
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