Dutch FinTech startup Duna raises €30 million to expand compliant AI for business identity and onboarding

Amsterdam-based Duna, an identity FinTech founded by two Stripe alumni, today announced a €30 Million Series A funding round to  build global trust infrastructure by providing a digital passport for every business.

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 round. This latest fundraise brings Duna’s total funding to more than €40 million.

“Duna is addressing one of the internet’s biggest unsolved problems: identity,” says Duna founder 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.”

Across 2025–2026, EU-Startups has reported a steady flow of funding into the European digital identity and identity-adjacent FinTech sector, spanning biometric authentication, regulated identity verification and payment-linked identity services.

In the UK, OneID raised €19.1 million to scale its bank-verified digital identity offering, while London-based Yaspa secured just over €10 million to expand payment and identity services for regulated sectors such as online gambling.

Earlier-stage rounds include Amsterdam-based Ver.iD, which raised €2 million to grow its digital identity verification SaaS in line with new EU regulation, and London-based Keyless, which announced a €1.9 million round focused on privacy-preserving biometric authentication. In adjacent applications, Latvian startup Handwave raised €3.6 million to develop palm-based biometric payments and identity technology.

Collectively, these rounds represent roughly €36–37 million invested into the sector over the period, excluding Duna itself.

Against this backdrop, Duna’s €30 million Series A – following its €10.7 million Seed round reported by EU-Startups in 2025 – stands out as one of the larger single raises in the European identity space, and notably one of the few focused specifically on AI-native business identity infrastructure.

The presence of another Amsterdam-based identity company, Ver.iD, underlines the Netherlands’ emerging role in this segment.

“The need for a secure business identity has never been more urgent: 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,” adds Duna founder David Schreiber. “We are turning a decades-old compliance cost center into a core revenue driver.”

The company was launched in 2023 by Duco Van Lanschot, who was head of Benelux and DACH at Stripe for three years, and David Schreiber, who spent six years at Stripe where he ran the company’s largest global business unit, including the core card payment platform.

Duna’s mission is to build global trust infrastructure by providing a digital passport for every business. Over time, this will evolve into a network for shareable identity and one-click onboarding.

Today Duna’s AI-native business identity platform serves large banks, FinTechs, platforms and financial institutions. Customers include large enterprises such as Plaid, CCV (Fiserv), Moss, Bol and SVEA bank, with companies allegedly reporting 10.6x faster onboarding and 4.8x productivity gains.

“Duna is building the internet’s missing ‘one click’ identity network. Most new business relationships start with a painful, manual, and time-consuming exchange of documents which amount to a massive hidden tax on the B2B economy,” said Alex Nichols, CapitalG General Partner and longtime investor in fintech leader Stripe. “Duco and David are the perfect founders to solve business identity for the internet. As former leaders at Stripe, they possess not only deep founder-market fit but also the leadership skills to build a high-ownership, talent-dense culture to achieve such an ambitious vision.”

Over time, Duna’s aim is for their digital passport to evolve into a network for shareable identity and one-click onboarding.

“We have seen strong traction with leading enterprise customers,” continues Duco. “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.”

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