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Cleafy Raises €10M To Enhance Its Digital Banking Fraud Prevention

Sep 12, 2023over 2 years ago

Amount Raised

€10 Million

MilanSoftware

Investors

United Ventures

Description

Today Cleafy, a Milanese technology company specialising in proactive fraud prevention for digital banking, has secured €10 million in funding.

Company Information

Company

Cleafy

Location

Milan, Lombardy, Italy

About

We are a team of fraud hunters, cybersecurity experts, data scientists, and software engineers that since 2014 share the same dream: make technology a safer place. Every day, we work side by side with our customers to help them safely navigate digital opportunities, while growing their business. And we do it with passion, determination, and constant curiosity about the unexpected. Our purpose is to make people’s life easier and free from the threats hidden in the digital ecosystem. That’s why we designed a real-time technology that enables fraud management teams in financial institutions to detect and prevent financial fraud across all digital channels, while ensuring a safe and seamless experience for the end-users. Recognized as a market leader by industry analysts, today we protect over 60M+ users of top-tier retail and corporate banks against financial online fraud.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech