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Veriff Acquires Vespia: Bringing KYB to the Next Level

Veriff Acquires Vespia: Bringing KYB to the Next Level

Veriff, a global leader in identity verification, has announced the acquisition of Vespia, a KYB (Know Your Business) startup focused on fast, scalable business...

Nastya ZelenovskaFebruary 5, 2026

London’s FALKIN raises €1.7M to fight scams before they happen As AI-driven scams surge across Europe, London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop fraud before it starts. The round was led by TriplePoint Ventures, with backing from Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, and Founders Capital. Individual investors include fintech veterans Pierre Decote, Group Chief Risk Officer at Revolut, and Ben Enckevort, CTO and co-founder of Metomic. Shifting protection from payments to persuasion “The new battlefield isn’t payments – it’s persuasion,” said Boaz Valkin, co-founder of FALKIN. “Protection has to move earlier, to the moment before someone clicks, replies, or transfers. We’re turning AI from a weapon of deception into a tool for defense.” Founded in 2024, FALKIN builds embedded AI tools that detect manipulation and deception before a transaction ever takes place. Instead of monitoring fraud after money moves, the company integrates real-time behavioral analysis directly into banking and customer-service apps, helping financial institutions prevent scams at the source. According to co-founder and COO Joel Frisch, “Modern scams are sophisticated, and no single red flag tells the whole story. The key is to analyze all the signals that reveal deception to build a complete picture. When we embed that intelligence inside the banking apps people already trust, protection becomes effortless.” A growing European battle against AI-enabled fraud FALKIN’s funding comes amid a broader wave of investment in anti-fraud innovation. Across Europe, startups like Hawk (Germany), Resistant AI (Czechia), and Acoru (Spain) have collectively raised over €80 million this year to tackle rising financial crime driven by AI. A recent EU-Startups report found that AI-related fraud losses in Europe have surpassed €1.3 billion, as deepfakes, voice cloning, and synthetic identity attacks become mainstream tools for scammers. “AI has blurred the line between what’s real and what’s fake, and traditional systems aren’t built for that reality,” said Sam Stone of TriplePoint Ventures. “FALKIN’s vision to make proactive safety universal has the potential to redefine digital trust.” The invisible enemy Scams now represent one of the fastest-growing financial threats worldwide. Deloitte projects that U.S. losses from authorized push payment fraud could hit €12.9 billion ($15 billion) by 2028, while the U.K. saw over seven million victims last year—most of whom never reported the crime. Despite heavy investment in fraud detection, most tools still activate after funds have left an account. FALKIN’s approach moves protection upstream, targeting the psychological manipulation that precedes scams. Early trials with bank innovation teams and tens of thousands of users across the U.S. and U.K. have shown promising results: 78% of users reported feeling safer online, and over half said prevention was more valuable than reimbursement. Next steps: embedding safety everywhere The fresh capital will accelerate hiring, product development, and financial-institution integrations, as well as support the launch of Safety Labs — a program helping community banks and credit unions deploy scam-prevention tools with minimal technical effort. FALKIN is also expanding its integration ecosystem, allowing financial institutions to embed digital safety layers across customer journeys and communication systems. “Scammers are using AI to scale deception,” Valkin said. “We’re using it to scale trust.”

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop scams before they start, as banks and consumers...

Gerald MillerNovember 11, 2025

FinTech

Stockholm’s Grasp raises €6M to automate the manual grind in finance and consulting

Stockholm-based AI startup Grasp has secured €6 million in Series A funding to accelerate development of its multi-agent platform that automates the analytical and...

Gerald MillerOctober 28, 2025

Notion Capital expands focus on AI-driven software and FinTech

AdTech

Notion Capital Closes €114M Growth Fund to Double Down on AI and FinTech Scaleups

London-based VC firm Notion Capital has closed a new €114 million fund as it sharpens its focus on AI-driven software and FinTech startups across...

Gerald MillerSeptember 30, 2025

Paypercut lands €2 million to build a multi-provider BNPL hub

FinTech

Bulgarian FinTech Startup Paypercut Raises €2M to Revolutionize BNPL for Small Merchants Across CEE

Sofia, Bulgaria – Paypercut, a new FinTech player from Bulgaria, has secured €2 million in pre-seed funding to transform how small and mid-sized businesses...

Gerald MillerJuly 16, 2025

Gradient Labs raises over €11 million for its AI customer service agent

FinTech

Gradient Labs Secures €11M+ to Reinvent AI for Regulated Customer Service

London-based startup Gradient Labs has raised over €11 million in Series A funding to expand its AI-powered customer service platform tailored for regulated industries....

Gerald MillerJuly 8, 2025

Paris-based cryptography startup Zama secures €49 million to bring end-to-end encryption to public blockchains

Crypto / Blockchain / Web3

Zama Becomes First FHE Unicorn with €49M Raise to Bring Privacy to Public Blockchains

Paris-based cryptography startup Zama has secured €49 million in Series B funding to accelerate the adoption of its breakthrough encryption technology for blockchain developers....

Gerald MillerJune 26, 2025

Italian online marketplace for used buses Fleequid raises €3 million to expand across Europe

E-commerce

Fleequid Raises €3M to Digitize Europe’s Used Bus Market

Italian startup Fleequid, the first online marketplace dedicated to used buses, has raised €3 million in seed funding to scale across Europe and upgrade...

Alex NigmatulinMay 15, 2025

James Codling, managing partner at Volution

FinTech

Volution Unveils $100M Fund to Supercharge UK Tech Scale-Ups

New capital targets late-stage growth for fintech, AI, and SaaS companies as funding bottlenecks threaten UK innovation pipeline. UK venture capital firm Volution has...

Alex NigmatulinApril 29, 2025

Snipp.net – best independent publishers from around the world

FinTech

Snipp.net Aims to Be the Spotify for Independent Journalism

As traditional media downsizes and talented journalists are forced out, a new wave of independent creators is rising—launching their own newsletters, websites, and content...

Alex NigmatulinApril 23, 2025

FinTech

Flexvelop Secures €44 Million to Expand Its FinTech Leasing Platform

Hamburg-based FinTech startup Flexvelop has raised €44 million in fresh funding to fuel its expansion and solidify its position as a key player in...

Alex NigmatulinMarch 20, 2025

ClearScore secures €36.1 million to fuel next phase of growth and product offering

FinTech

ClearScore Secures €36.1M to Expand Global Reach and Product Innovation

London-based fintech leader The ClearScore Group has secured €36.1 million in debt financing from HSBC Innovation Banking UK to accelerate its growth and expand...

Alex NigmatulinFebruary 25, 2025

AdTech

ReBloom Secures €400K to Revolutionize Private Secondary Trading

Copenhagen, Denmark — Emerging FinTech startup ReBloom has secured €400,000 in a pre-seed funding round, setting the stage for a major disruption in private...

Alex NigmatulinFebruary 11, 2025

CleanTech

Naboo Raises €20 Million to Revolutionize Corporate Event Planning

Paris-based startup Naboo has secured €20 million in a Series A funding round led by Notion Capital, marking a record-breaking investment in the event-tech...

Alex NigmatulinJanuary 29, 2025

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StartupMafia – News from startup industry

FinTech

Veriff Acquires Vespia: Bringing KYB to the Next Level

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

FinTech

Stockholm’s Grasp raises €6M to automate the manual grind in finance and consulting

AdTech

Notion Capital Closes €114M Growth Fund to Double Down on AI and FinTech Scaleups

FinTech

Bulgarian FinTech Startup Paypercut Raises €2M to Revolutionize BNPL for Small Merchants Across CEE

FinTech

Gradient Labs Secures €11M+ to Reinvent AI for Regulated Customer Service

Crypto / Blockchain / Web3

Zama Becomes First FHE Unicorn with €49M Raise to Bring Privacy to Public Blockchains

E-commerce

Fleequid Raises €3M to Digitize Europe’s Used Bus Market

FinTech

Volution Unveils $100M Fund to Supercharge UK Tech Scale-Ups

FinTech

Snipp.net Aims to Be the Spotify for Independent Journalism

FinTech

Flexvelop Secures €44 Million to Expand Its FinTech Leasing Platform

FinTech

ClearScore Secures €36.1M to Expand Global Reach and Product Innovation

AdTech

ReBloom Secures €400K to Revolutionize Private Secondary Trading

CleanTech

Naboo Raises €20 Million to Revolutionize Corporate Event Planning

Trending

HealthTech

The Top 5 Mental Health Startups in Germany

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AdTech

Eastern European Startup Uses Big Data To Automate PR

EdTech

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