Cleafy, an Italy-based company, has secured EUR 12 million in a Series B funding round. This capital will be used to enhance predictive cybersecurity capabilities across the European and Latin American banking sectors.
The funds are set to accelerate product development, broaden threat analysis operations, and facilitate entry into new banking markets within Europe and Latin America.
Cleafy’s platform is designed to tackle a fundamental gap in how financial institutions identify and respond to fraud. Traditional security and anti-fraud tools often work independently, examining single transactions or distinct signals against static rules. This reactive approach can result in financial losses, operational disruptions, and reputational damage for banks before preventive measures are enacted. Cleafy’s method involves reconstructing the entire attack sequence, pinpointing hostile infrastructure, understanding attacker intent, and analyzing behavioral patterns across various channels such as web, mobile, backend systems, and networks.
The system is constantly updated and leverages real-time global threat intelligence to detect early-stage attack campaigns. According to Cleafy, this allows banks to transition from reactive incident response to proactive prevention efforts.
Regulatory developments and market context
The funding comes at a time when EU financial institutions are facing increased regulatory scrutiny due to the implementation of the Digital Operational Resilience Act (DORA) in January 2025, alongside cybersecurity mandates introduced under NIS2. These regulations aim to increase compliance requirements for financial institutions regarding digital resilience and incident reporting.
A Cleafy representative highlighted that fraudsters are employing more sophisticated automated and AI-supported techniques to conduct attacks, putting pressure on banks still relying on outdated tools. Moreover, the company will continue to prioritize meeting the evolving needs of its clients and users while ensuring compliance with industry regulations.
