Trustfull, a leading provider of AI-powered fraud prevention technology, has raised €6m to accelerate its expansion across key European markets.
The funding round was led by Seaya Ventures and Elevator Ventures, with continued participation from existing investor United Ventures.
Founded in 2020, Trustfull offers a real-time digital risk intelligence platform that helps businesses combat sophisticated fraud threats. Its tools support a range of workflows, including Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) processes, using open-source intelligence and AI to assess user risk through analysis of digital signals from emails, phone numbers, IP addresses and more.
The new funding will support Trustfull’s go-to-market strategy across Italy, Spain, and France, while also enabling the firm to break into additional high-potential European markets. It also plans to expand its sales and marketing teams and further develop its product suite to address the rising threat of AI-powered fraud tactics such as synthetic identity attacks, deepfake scams, and phishing campaigns.
The announcement comes amid rapid growth in the global fraud detection and prevention sector, which is expected to surge from $33.1bn in 2024 to $90bn by 2030. Trustfull aims to tap into this demand by offering seamless customer experiences while mitigating fraud risk, with enterprise clients already spanning industries including payments, banking, travel, e-commerce, and iGaming.
Trustfull CEO Marko Maras said, “We’re excited to welcome Seaya Ventures and Elevator Ventures as new investors in Trustfull, and grateful for the continued support of United Ventures as an existing shareholder. 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.”
Seaya Ventures partner Aris Xenofontos said, “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. At Seaya, we’re proud to support them on their journey to become a global reference in fraud prevention.”
Elevator Ventures managing director Maximilian Schausberger added, “In times when fraudsters are becoming increasingly sophisticated, we believe that Trustfull is redefining the standards for digital risk assessment and online trust. We are proud to support the team as they continue to build a category-defining platform with lasting impact.”
The company is on track to process more than 100m digital checks annually by the end of 2025, driven by widespread adoption of its account takeover prevention and account opening protection tools.
Trustfull’s enterprise clients include Nexi, Ing Bank, Scalapay, Elavon, Cofidis, AirHelp and Sisal. The company has been recognised in the RegTech100 and FinCrimeTech50 lists from FinTech Global in 2025 and was ranked as one of the fastest-growing companies in France and Southern Europe by Sifted for two consecutive years.
Read the daily RegTech news here
Copyright © 2025 RegTech Analyst
Copyright © 2018 RegTech Analyst
