Funding

[Funding alert] Milan-based Cleafy Raises €10 mn Funding led by United Ventures through the fund UV T-Growth

Sep 25, 2023 | By Startup Rise EU

Cleafy, a technology company specializing in proactive fraud prevention for digital banking, has secured €10 million in funding led by United Ventures through the fund UV T-Growth.
Co-founder / CEO - Matteo Bogana

Cleafy, a technology company specializing in proactive fraud prevention for digital banking, has secured €10 million in funding led by United Ventures through the fund UV T-Growth.

The investment round will support Cleafy's expansion into new markets and further development of its technology platform.

Read also - Battery Analytics Pioneer volytica diagnostics Secures €5.5M Investment round led by SHIFT Invest & EnBW New Ventures

As part of the transaction Moviri group, Cleafy's parent company and one of the early-stage investors, will retain a minority stake while relinquishing control. Moviri's support has been crucial in facilitating Cleafy's growth, market entry, acquisition of key early customers, and validation of its technology.

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Cleafy is a team of fraud hunters, cybersecurity experts, data scientists, and software engineers that since 2014 share the same dream: make technology a safer place. That’s why Cleafy designed a technology that identifies and prevents financial fraud in real time, while ensuring a safe and seamless user experience. Recognized as a market leader by industry analysts, today, Cleafy protects over 100M+ users of top-tier retail and corporate banks against online financial fraud.

About Cleafy

Innovation entails facing the future directly, having an idea, and having the motivation to make it a reality. They want technology to keep evolving constantly in order to meet the needs of individuals. Looking ahead, however, necessitates security and confidence that everything will be under control.

They are here for that reason. To promote innovation by fostering an online environment that is secure and safe.

Read also -Zurich-based Fintech Startup yeekatee Raises €575k in Additional Funding

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