By 
Duna, a business identity startup founded by former Stripe executives, has raised €30 million in Series A funding as it accelerates its mission to build global trust infrastructure for businesses.
The funding round was led by CapitalG, Alphabet’s independent growth fund, with continued backing from existing investors Index Ventures and Puzzle Ventures. Duna, which operates across Germany and the Netherlands, was launched in 2023 by Stripe alumni Duco van Lanschot and David Schreiber.
The company is building what it describes as a “digital passport” for businesses — a unified identity layer designed to simplify compliance, enable one-click onboarding and, over time, power a network for shareable business identity across markets and platforms.
Duna’s AI-native business identity platform already serves major banks, fintechs and financial institutions. Its customer base includes enterprises such as Plaid, CCV (Fiserv), Moss, Bol and SVEA Bank. According to the company, clients using its platform have achieved onboarding speeds more than 10 times faster and productivity improvements of nearly fivefold.
Commenting on the opportunity, co-founder Duco van Lanschot said compliance and identity processes now account for between 10% and 20% of a bank’s total operating costs. He noted that outdated, manual systems continue to drive losses through fraud, operational friction, regulatory penalties and missed revenue from turning away legitimate customers, making the space well suited for AI-driven automation.
Co-founder David Schreiber added that the urgency for secure business identity solutions is growing as artificial intelligence, while delivering clear benefits, also increases the speed and sophistication of fraud. He said Duna’s platform is designed to help organisations detect and eliminate these risks at scale.
With fresh capital in hand, Duna plans to further expand its platform, deepen its enterprise partnerships and play a central role in shaping the future of trusted digital business identity.
Comments