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Milan’s Cleafy Raises €10 Million to Lead the Charge in Digital Banking Fraud Prevention

FinTechMilan's Cleafy Raises €10 Million to Lead the Charge in Digital Banking Fraud Prevention

Cleafy, a Milan-based technology firm specializing in proactive fraud prevention for digital banking, has secured €10 million in a recent funding round led by United Ventures through their UV T-Growth fund. Cleafy offers innovative solutions aimed at preventing online banking fraud by providing comprehensive monitoring across all digital channels, including web apps, mobile apps, and open banking. The company intends to use the fresh capital to expand into new markets and further develop its advanced technology platform. Cleafy currently protects over 100 million digital users from financial fraud online and has a 100% client renewal rate. The company collaborates with CERTFin, the Italian Financial CERT, to produce strategic reports on the financial sector’s evolving threat landscape.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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