Duna, an identity-focused fintech startup founded by former Stripe executives, has raised €30 million in a Series A funding round led by CapitalG, Alphabet’s independent growth fund. Existing investors, including Index Ventures, Puzzle Ventures, and Snowflake Chairman Frank Slootman, also participated in the round. This latest investment reflects strong confidence in Duna’s mission to transform business identity verification and build a global infrastructure that enables faster, safer, and more efficient onboarding for enterprises.
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Founded in 2023 and headquartered in Germany and the Netherlands, Duna was created by Duco van Lanschot and David Schreiber, both of whom held senior leadership roles at Stripe. Their experience in scaling global payment systems inspired them to address one of the internet’s most persistent challenges—business identity verification. The company previously raised €10.7 million in a seed round in 2025, bringing its total funding to more than €40 million. This financial backing will allow Duna to accelerate its platform development and expand its reach among large financial institutions and enterprises.
Duna’s core offering is an AI-native business identity platform designed to act as a digital passport for companies. This system allows businesses to verify their identity once and reuse it across multiple platforms, significantly reducing onboarding time and operational friction. The platform is already being used by major organizations such as Plaid, CCV, Moss, Bol, and SVEA Bank, with customers reporting onboarding speeds improving by more than ten times and productivity increasing nearly fivefold. By simplifying compliance and identity verification, Duna is helping businesses reduce manual processes and operate more efficiently.
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The founders believe that identity verification has become one of the most expensive and complex aspects of financial services. Compliance and identity processes can account for up to 10–20 percent of a bank’s total costs, largely due to outdated and manual systems. Duna’s AI-driven platform aims to replace these inefficient processes with automated, secure, and scalable solutions. In addition to reducing costs, the technology helps financial institutions detect fraud more effectively, improving security while enabling legitimate businesses to access services more easily.
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The new funding will support Duna’s plans to enhance its enterprise capabilities, expand its AI infrastructure, and maintain strong regulatory compliance standards. CapitalG General Partner Alex Nichols emphasized that Duna is addressing a major gap in the digital economy by creating a trusted, one-click identity network for businesses. With strong leadership, growing enterprise adoption, and significant investor backing, Duna is positioning itself to become a key player in building the trust infrastructure needed for the future of global digital commerce.
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