Milan-based Trustfull, a fraud prevention platform, secured €6 million in an investment round. Seaya Ventures and Elevator Ventures led the funding, with existing investor United Ventures also participating. This capital will strengthen Trustfull's sales and marketing efforts.
Trustfull's platform, founded in 2020, uses AI to analyze digital signals for real-time risk assessment.
Driving European Expansion and Product Innovation
Trustfull plans to expand its presence across Italy, Spain, and France. Furthermore, the funding will accelerate its entry into additional high-potential European markets. The company will also develop new fraud detection capabilities.
This investment supports the adoption of Trustfull's existing account opening protection and account takeover prevention solutions. The platform enhances KYC, KYB, and AML workflows. Trustfull competes with platforms like Sift and Forter in the evolving fraud detection market.
Trustfull expects to process over 100 million checks annually by late 2025. Its solutions are widely adopted across banking, payments, and e-commerce. The company's focus on AI and real-time risk intelligence strengthens its position in cybersecurity.