Cleafy, a cybersecurity company specialising in the banking sector, has announced that it has raised €12 million in a Series B round co-led by United Ventures and Germany’s eCapital, bringing its total funding to €22 million. The company serves over 150 financial institutions in Europe and Latin America and protects more than 250 million end users; its clients include ING, BCC Iccrea Group, Illimity Bank and BPS (Suisse).
With this transaction, Cleafy consolidates its position in the industry as a platform capable of reconstructing and stopping the entire chain of a fraudulent cyber attack days before damage occurs. The new capital will be used to accelerate the development of the predictive platform, enhance global threat analysis, and drive expansion into key banking markets in Europe and Latin America.
Traditional security and anti-fraud tools operate in silos: they analyse isolated signals or individual transactions, following predefined and static rules. Banks thus find themselves reacting after the fraud has already occurred, with financial losses, operational disruptions and reputational damage that are difficult to recover from. Yet many attacks could be thwarted in advance if it were possible to identify the infrastructure and intentions of the attackers in time.
Cleafy fills this gap with a continuously updated system that reconstructs how attacks originate, evolve and spread across digital channels and internal systems. By combining web, mobile, backend and network telemetry with real-time global threat analysis, the platform is able to identify hostile infrastructure, attackers’ intentions and their patterns in a timely manner, transforming prevention from the exception to the rule. With the launch of Cleafy for Workforce, the approach now extends to the detection of internal threats and compromised accounts within corporate systems.
The round comes at a time when European regulations such as DORA (Digital Operational Resilience Act) and the cybersecurity requirements introduced by NIS2 are raising the bar on digital resilience in the financial sector.
“While fraudsters exploit AI to launch attacks on an ever-increasing scale and at ever-increasing speeds, European banks are still defending themselves with outdated and reactive tools. Cleafy was created to overturn this logic: we reconstruct how an attack is formed and block it weeks before it can cause damage. The fact that we have never lost a customer in over ten years proves that this approach works,” says Matteo Bogana, CEO and co-founder (pictured with his partners), in a statement.
“Cleafy represents the kind of European technological leadership we need to protect critical infrastructure. As fraud becomes more sophisticated, anticipating and blocking attacks before they materialise is no longer a competitive advantage, but a necessity. Solid growth and extraordinary customer loyalty demonstrate that Cleafy has built something truly unique. We are proud to accompany the company in this new chapter,” says Fabio Pirovano, partner, United Ventures.
“Cleafy has a clear technical differentiation: it takes cross-channel telemetry and threat analysis and transforms it into a clear picture of who is attacking, how and with what tools. The solution is also designed to work effectively in complex banking environments, not just in theory. We are delighted to support Cleafy in making this technology a cornerstone of critical financial infrastructure protection,” adds Lucas Merle, partner, eCapital.
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