Cleafy Raises €12M To Strengthen Anti-Fraud Tech

Traditional security and anti-fraud systems often work in silos, analyzing individual transactions or isolated signals using predefined rules. As a result, banks frequently react after fraud occurs, leading to financial losses, operational disruptions and reputational risks. Many attacks, however, could be prevented if the underlying infrastructure and attacker intent were detected earlier.

Cleafy tackles this challenge with a platform that tracks how attacks originate, evolve, and spread across digital channels and internal systems. By combining data from web, mobile, backend, and network sources with real-time threat intelligence, it identifies malicious infrastructure, attacker behavior and emerging attack patterns at an early stage.

With the launch of Cleafy for Workforce, the company has extended this approach to detect insider threats and compromised accounts within corporate environments.

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The funding round comes amid new European regulations, such as the Digital Operational Resilience Act (DORA) and the cybersecurity requirements under NIS2, which are raising the bar for digital resilience across the financial sector.

With this new investment, Cleafy plans to accelerate the development of its predictive security capabilities, expand its global threat analysis, and strengthen its presence in key banking markets across Europe and Latin America.

While fraudsters weaponize AI to scale attacks at machine speed, European banks are fighting back with outdated, reactive tools.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, said Matteo Bogana, CEO and co-founder at Cleafy.

About Cleafy

Founded in 2014 by alumni of the Polytechnic of Milan, Cleafy is a team of cybersecurity innovators helping banks and financial institutions stay ahead of online fraud. Combining real-world banking experience with advanced technology, Cleafy delivers proactive solutions that detect, prevent and anticipate digital threats to safeguard customers and operations.