Trustfull raises €6 million to expand its fraud prevention platform
July 29th, 2025
Trustfull has raised a €6 million round led by Seaya Ventures and Elevator Ventures, with United Ventures investing again after leading the company’s first funding round in 2022. At the time, the company was still called Fido. The rebrand to Trustfull reflected a broader international ambition and a product built to address one of the most pressing challenges in today’s digital economy: how to verify trust online.
We backed Trustfull early because we believed in the team’s ability to rethink digital identity and risk assessment. Since then, the company has developed a robust, privacy-safe platform that can detect fraud in real-time, without compromising the user experience. Today, it is scaling across high-risk sectors, including fintech, e-commerce, and iGaming.
This funding comes at a time when the fraud prevention market is undergoing rapid change. The rise of generative AI is making it easier for attackers to create synthetic identities, automate phishing, and bypass traditional verification methods. Technologies once considered secure — from liveness checks and selfie comparisons to document scans and voice authentication — are increasingly vulnerable to manipulation.
To stay ahead of these threats, financial institutions must rethink how they verify identities. That means moving beyond static document checks and embracing real-time signal analysis. It means verifying whether contact details belong to the person requesting access, and using behavioral, geolocation, and network data to flag high-risk activity.
Trustfull’s platform is built for this reality. It operates silently in the background, analyzing hundreds of digital signals — including phone numbers, emails, IP addresses, devices, and domains — to assess risk in real-time. It integrates seamlessly with existing workflows, such as KYC, KYB, and AML, adding a powerful layer of intelligence without disrupting the user journey.
With strong product adoption and measurable impact across enterprise clients, Trustfull is on track to process over 100 million checks annually by the end of 2025. This new round will support the company’s expansion in Italy, Spain, and France, as well as its entry into new European markets and further development of its fraud detection capabilities.
At United Ventures, fintech has always been a central part of our investment strategy. We look for companies that combine deep technical innovation with a clear understanding of market needs, and that can deliver solutions both scalable and credible within the financial system.
Trustfull’s journey reflects this. It is a company solving a real problem with clarity and discipline, in a market where the demand for digital trust is only growing. This round also highlights the strength of European collaboration, with investors from Italy, Spain, and Austria supporting the next stage of growth.
We’re proud to continue backing Marko Maras and the team as they take Trustfull into its next chapter.
