Embedded Files
Published Date : 7/30/2025
Trustfull, a leading fraud detection and prevention company, has secured €6 million in funding to expand its operations in key European markets and enhance its cutting-edge solutions.
Trustfull, a leading fraud detection and prevention company, has secured €6 million in funding to expand its operations in key European markets and enhance its cutting-edge solutions.
Trustfull has closed a €6 million ($6.88 million) funding round led by Seaya Ventures and Elevator Ventures, with participation from existing backer United Ventures. This investment comes at a crucial time as the global fraud detection and prevention market is projected to grow from $33.1 billion in 2024 to $90 billion by 2030. This growth is driven by the increasing sophistication of AI-enabled threats, including synthetic identity attacks, deepfake scams, and large-scale phishing operations.
Marko Maras, CEO of Trustfull, stated, “This new round is a strong validation of our mission to help businesses strike the right balance between fraud prevention and seamless customer experience, and it reflects our proven track record delivering measurable impact for enterprise clients.” With the fresh capital, Trustfull plans to bolster its presence in Italy, Spain, and France while accelerating its entry into new high-potential European markets. The funds will also fuel the development of new fraud detection features and broader adoption of its account opening protection and account takeover prevention tools.
Trustfull’s Login Solution uses behavioral analytics to combat rising cases of account takeover (ATO). The solution records a segment of the user’s behavioral patterns and device characteristics during the login enrollment phase. At every subsequent login, new data is compared against the original enrollment to assess similarity. This enables instant verification for genuine users while flagging when additional checks are needed.
Trustfull is on schedule to process over 100 million checks annually by the end of 2025, supported by customers spanning banking, payments, travel, ecommerce, and iGaming. Its clients include Nexi, Ing Bank, Scalapay, Elavon, Cofidis, AirHelp, and Sisal. Aris Xenofontos, partner at Seaya Ventures, commented, “We believe Trustfull is rewriting the rules of fraud prevention through real-time and AI-powered risk intelligence. Their unique ability to analyze hundreds of digital signals with speed and precision positions them as a true category leader in Europe’s TrustTech ecosystem.”
Recognized by Sifted as one of the fastest-growing companies in France and Southern Europe for two years running, Trustfull has also earned spots on Fintech Global’s RegTech100 and FinCrimeTech50 lists in 2025. This recognition underscores the company’s commitment to innovation and excellence in the fraud prevention sector.
Frequently Asked Questions (FAQS):
Frequently Asked Questions (FAQS):
Q: What is the total amount of funding Trustfull has secured?
A: Trustfull has secured a €6 million ($6.88 million) funding round.
Q: Who are the lead investors in Trustfull's funding round?
A: The funding round was led by Seaya Ventures and Elevator Ventures, with participation from existing backer United Ventures.
Q: What markets is Trustfull planning to expand into?
A: Trustfull plans to expand its presence in Italy, Spain, and France while accelerating its entry into new high-potential European markets.
Q: How does Trustfull's Login Solution work?
A: Trustfull’s Login Solution uses behavioral analytics to record user behavioral patterns and device characteristics during the login enrollment phase. At every subsequent login, new data is compared against the original enrollment to assess similarity, enabling instant verification for genuine users while flagging when additional checks are needed.
Q: What are some of Trustfull's notable clients?
A: Trustfull's notable clients include Nexi, Ing Bank, Scalapay, Elavon, Cofidis, AirHelp, and Sisal.
More Related Topics :
More Related Topics :
Page updated
Report abuse