Cleafy, a Milan, Italy-based tech firm specializing in proactive fraud prevention for the digital banking sector, has secured €10 million in funding.
United Ventures led the round through its UV T-Growth fund.
Founded in 2013, United Ventures is a venture capital firm headquartered in Milan, Italy. The firm seeks to invest in software, digital technology, enterprise software, fintech, cloud, the internet of things, cybersecurity, marketplaces, b2b, b2c, and deep tech sectors.
Cleafy Use of Funds
The funds will be used to expand into new markets and advance its technological platform.
Founded in 2014 by Matteo Bogana, Niccolò Pastore, and Carmine Giangregorio, Cleafy is an online fraud detection platform that provides comprehensive fraud detection, risk assessment, and threat monitoring services all while ensuring complete privacy and security of your data. Cleafy's solution actively identifies and prevents online banking fraud in real-time, protecting over 100 million digital customers from financial online fraud. Cleafy's platform is used by major global banking groups such as Findomestic by BNP Paribas group and ING Bank Romania, as well as rapidly growing banks and fintech firms.
Company: Cleafy S.p.A.
Funding Month: September 2023
Lead Investors: United Ventures
Company Website: https://www.cleafy.com/
Software Category: Fraud Protection Software