Banca AideXa Selects Trustfull to Strengthen KYB and Fraud Prevention for SMEs

Banca AideXa, Italy’s first fintech exclusively focused on SMEs, has partnered with Trustfull to enhance fraud prevention and Know Your Business (KYB) controls during the crucial phase of customer onboarding. This collaboration reinforces Banca AideXa’s mission to provide fast, secure, and customer-centric financial services to micro, small, and medium enterprises (SMEs).

Banca AideXa was founded in 2020 to address the unique challenges faced by SMEs. These companies contribute 50% of Italy’s GDP yet remain underserved by traditional banking systems. By utilizing open banking, AI-driven evaluations, and a fully digital approach, Banca AideXa simplifies the credit application process, enabling businesses to receive financing proposals in a few minutes and funds within a couple of weeks. With €96 million in raised capital, the company is a recognized leader in financial innovation for SMEs.

Trustfull’s advanced fraud prevention solutions analyze hundreds of digital signals on users’ phone numbers, email addresses, and IP addresses to detect and prevent suspicious or fraudulent activities. These fully silent, real-time checks enable organizations like Banca AideXa to safeguard their operations while maintaining a seamless user experience.

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Paolo Mardegan, Sales Director Italy at Trustfull, commented: “We are proud to be the partner of choice for one of the most dynamic fintech companies in Italy. We look forward to helping Banca AideXa strengthen KYB controls during SME onboarding, ensuring that security and customer experience go hand in hand.”

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Walter Rizzi, Deputy General Manager and Chief Product & Customer Officer at Banca AideXa, added: “This partnership with Trustfull fully aligns with our efforts to provide SMEs with fast and secure financial solutions. Trustfull’s advanced technology and expertise enhance our anti-fraud processes while preserving the seamless user experience that characterizes all of Banca AideXa’s operations.”

With Trustfull’s antifraud technology, Banca AideXa was able to further enhance its digital loan application and onboarding process, ensuring that legitimate SME customers experience a frictionless journey, while fraudulent activities are intercepted before they can cause harm.

About Banca AideXa

Banca AideXa is the first Italian fintech dedicated exclusively to micro and small enterprises, created with the goal of simplifying the credit access experience for Italian entrepreneurs through a 100% digital approach. Leveraging the opportunities of open banking, Banca AideXa allows business owners to discover in just a few click if their activity is eligible for financing and to have the amount credited to their current account within a few days, without the need to sign or upload any paper documents.

About Trustfull

Trustfull helps businesses reduce risks, protect integrity and accelerate growth on a global scale. The Trustfull platform unlocks hundreds of digital signals to accurately detect fraud and fincrime attempts across the entire customer journey. Through combined and fully silent phone, email, IP, device and browser checks, our ready-to-use models, workflows and data empower teams to make better risk decisions with no UX implications. Hundreds of clients and partners - including Nexi, Scalapay, Elavon, Cofidis and Lastminute.com - rely on Trustfull's award-winning technology to prevent fraud and build trust across borders.