Cleafy, a Milan-based enterprise cybersecurity company specialising in banking fraud prevention, has raised €12m in a Series B round co-led by United Ventures and eCAPITAL, bringing total funding to €22m.
The capital will be used to develop its predictive capabilities, scale threat analysis, and expand across Europe and Latin America.
The company serves more than 150 financial institutions — including ING, BCC Iccrea Group, Illimity Bank, and BPS (Suisse) — and protects over 250 million end users.
Founded in 2014, Cleafy detects hostile attacker infrastructure and intent before fraud materialises, using a proprietary engine backed by more than 85 international patents. Its newly launched Cleafy for Workforce product extends this to insider threats within corporate systems.
Cleafy CEO & co-founder Matteo Bogana said, “While fraudsters weaponize AI to scale attacks at machine speed, European banks are fighting back with outdated, reactive tools. We built Cleafy to change this equation fundamentally, reconstructing how attacks form and stopping them weeks before they can cause damage. Our zero customer churn over more than a decade proves this approach works.”
United Ventures partner Fabio Pirovano said, “Cleafy represents the kind of European technology leadership we need in critical infrastructure protection. As fraud becomes more sophisticated, their predictive, intelligence-driven approach to anticipating and disrupting attacks before they materialize is a strategic imperative. Their solid growth and exceptional customer retention validate they’ve built something truly differentiated. We are proud to continue supporting the company as it advances into its next chapter of growth”
Copyright © 2025 FinTech Global
