AMSTERDAM, Netherlands — Dutch FinTech startup Duna has raised €30 million in Series A funding to accelerate the development of its AI-powered business identity platform, aiming to transform how companies verify, onboard, and establish trust in the digital economy.
The Amsterdam-based company, founded by former Stripe executives Duco van Lanschot and David Schreiber, announced that the round was led by CapitalG, Alphabet’s independent growth fund. Existing investors Index Ventures, Puzzle Ventures, and Snowflake Chairman Frank Slootman also participated in the financing.
The latest investment brings Duna’s total funding to more than €40 million and positions the company among the best-funded startups in Europe’s rapidly growing digital identity sector.
“Duna is addressing one of the internet’s biggest unsolved problems: identity,” said co-founder and CEO Duco van Lanschot. “Compliance and identity now consume up to 10-20% of a bank’s total costs. The expensive and manual legacy systems lead to billions lost in fraud, friction, and fines, as well as lost income from refusals of legitimate customers. This makes it an ideal use case for AI automation.”
Founded in 2023, Duna is building what it describes as a digital passport for every business—a reusable identity layer designed to simplify compliance, reduce fraud, and dramatically improve onboarding experiences for financial institutions and enterprises.
The company’s long-term vision is to create a global trust infrastructure where verified business identities can be shared across organizations, enabling one-click onboarding and eliminating repetitive compliance processes that currently burden businesses worldwide.
Today, Duna’s AI-native platform helps banks, FinTech companies, marketplaces, and large enterprises automate business verification, compliance checks, and onboarding workflows while maintaining strict regulatory standards.
The startup has already attracted a growing roster of enterprise customers, including Plaid, CCV (Fiserv), Moss, Bol, and SVEA Bank. According to the company, customers have achieved onboarding processes that are 10.6 times faster while increasing operational productivity by nearly five times.
“The need for a secure business identity has never been more urgent,” said co-founder David Schreiber. “AI has many benefits, but it also enables an acceleration in the velocity and sophistication of fraud. Duna will help companies root out this fraud. We are turning a decades-old compliance cost center into a core revenue driver.”
Duna’s funding arrives as digital identity infrastructure becomes one of the fastest-growing segments within European FinTech. Financial institutions face increasing regulatory requirements, rising fraud risks, and mounting pressure to deliver seamless digital experiences. At the same time, advances in artificial intelligence are creating both new opportunities and new security challenges.
Across Europe, investors have continued backing startups focused on identity verification, authentication, and compliance technology. However, Duna’s Series A stands out as one of the largest funding rounds in the sector and one of the few centered specifically on AI-native business identity infrastructure.
The Netherlands is also emerging as a notable hub for identity innovation, with multiple startups developing technologies that address regulatory compliance, digital verification, and trust infrastructure.
“Duna is building the internet’s missing one-click identity network,” said Alex Nichols, General Partner at CapitalG. “Most new business relationships start with a painful, manual, and time-consuming exchange of documents, which amounts to a massive hidden tax on the B2B economy. Duco and David are uniquely positioned to solve this challenge given their deep experience building financial infrastructure at Stripe.”
Both founders bring extensive expertise from one of the world’s most influential FinTech companies. Before launching Duna, van Lanschot led Stripe’s operations across the Benelux and DACH regions, while Schreiber managed Stripe’s largest global business unit, including its core card payments platform.
The newly raised capital will be used to expand Duna’s enterprise capabilities, deepen its AI-driven automation, and further strengthen the compliance and auditability features required by highly regulated industries.
“We have seen strong traction with leading enterprise customers,” said van Lanschot. “The funding will be used to further expand our enterprise capabilities with compliant, auditable AI while maintaining the high regulatory standards required by banks and large enterprises.”
As financial institutions increasingly seek ways to balance regulatory compliance, fraud prevention, and customer experience, Duna is betting that reusable business identities and AI-powered trust infrastructure will become foundational components of the future digital economy.
With significant backing from global technology investors and a growing customer base, the Dutch startup is positioning itself at the intersection of FinTech, identity technology, and artificial intelligence—three sectors expected to play a defining role in the next generation of digital business infrastructure.
