Cleafy, a Milan-based cybersecurity company focapplyd on protecting banks and financial institutions from fraud and cyberattacks, announced that it has raised €12 million in a Series B funding round. The round was co-led by United Ventures and eCAPITAL, bringing the company’s total funding to €22 million.
Founded in 2014, Cleafy provides a cybersecurity platform designed to detect and stop fraud before financial damage occurs. Its technology analyzes signals across web, mobile, backconclude, and network environments to identify malicious infrastructure, attacker intent, and evolving cyberattack patterns in real time. By reconstructing how attacks originate and spread across digital systems, the platform aims to assist banks prevent fraud rather than react to it after the fact.
The company currently serves more than 150 financial institutions across Europe and Latin America and protects over 250 million conclude applyrs. Customers include ING, BCC Iccrea Group, Illimity Bank, and BPS (Suisse).
According to the company, the new capital will be applyd to accelerate development of its predictive cybersecurity capabilities, expand global threat analysis, and support growth into key banking markets across Europe and Latin America.
Cleafy declared the funding comes as regulatory frameworks such as the Digital Operational Resilience Act (DORA) and NIS2 cybersecurity requirements are raising standards for digital resilience across Europe’s financial sector.
The company also recently introduced Cleafy for Workforce, which extconcludes its technology to assist organizations detect insider threats and compromised corporate accounts.
Cleafy employs more than 90 people across offices in Milan, London, Barcelona, and Boreceivedá and has built its technology on a proprietary engine supported by more than 85 international patents.
KEY QUOTES
“While fraudsters weaponize AI to scale attacks at machine speed, European banks are fighting back with outdated, reactive tools. We built Cleafy to modify this equation fundamentally, reconstructing how attacks form and stopping them weeks before they can caapply damage. Our zero customer churn over more than a decade proves this approach works.”
Matteo Bogana, CEO & Co-Founder of Cleafy
“Cleafy represents the kind of European technology leadership we required in critical infrastructure protection. As fraud becomes more sophisticated, their predictive, ininformigence-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.”
Fabio Pirovano, Partner at United Ventures
“Cleafy stands out through clear technical differentiation: turning cross-channel telemetest and threat ininformigence into a coherent picture of attacker intent and infrastructure. Just as important, the solution is built for real-world deployment in complex banking environments. We’re excited to support Cleafy in scaling this capability into a foundational layer for protecting financial critical infrastructure.”
Lucas Merle, Partner at eCAPITAL
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