Cleafy Expands to the UK

Cleafy, a Milan-based leader in digital banking fraud prevention, has officially launched its UK operations, marking a significant step in its global expansion. Known for its cutting-edge AI-driven technology, Cleafy has protected billions of transactions across over 100 million accounts at top financial institutions worldwide, handling an average annual transaction value of $700 billion.

The company’s elite Threat Intelligence (TI) team has uncovered and neutralized major threats, including the TeaBot, BingoMod, and Medusa malware variants. These malicious programs posed significant risks, such as infiltrating the Google Play Store or bypassing bank security measures, but were swiftly addressed by Cleafy.

Founded in 2014 by Polytechnic of Milan alumni Matteo Bogana (CEO), Nicolò Pastore (CTO), and Alessandro Bisignano (VP of Global Sales), Cleafy has consistently been at the forefront of combating modern fraud tactics, particularly as 81% of attacks now utilize advanced cyber and social engineering methods. Traditional approaches often detect fraud too late, but Cleafy’s real-time Fraud Extended Detection and Response (FXDR) platform offers proactive protection across web and mobile channels without compromising customer experience.

Cleafy is highly regarded in the industry, earning top ratings from analyst reports by Aite Group, 451 Research, OVUM, and KuppingerCole, and maintaining a 4.9 rating on Gartner Peer Reviews. Trusted by major European and Latin American banks, Cleafy has successfully blocked over 83% of advanced online attacks before any fraud occurred, backed by more than 50 technology patents.

CEO Matteo Bogana stated, “Our expansion into the UK underscores our commitment to setting new standards in fraud prevention. Our comprehensive, attack type-agnostic approach ensures precise and minimally disruptive protection against a wide range of fraud tactics.”

Michael Morris, Product Director at Cleafy, added, “The UK is a key market for Cleafy’s international growth. Establishing our presence here will solidify our position as a leading provider of innovative fraud prevention solutions in one of the world’s most critical financial hubs.”