Duna Raises €30M Series A To Expand AI Business Identity And Onboarding Platform

The round was led by CapitalG, Alphabet’s independent growth fund, with participation from existing investors Index Ventures, Puzzle Ventures, and Snowflake Chairman Frank Slootman. The latest raise brings Duna’s total funding to over €40 million.

“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.”

Founded in 2023 and based in Germany and the Netherlands, Duna was launched by Duco Van Lanschot, former Head of Benelux and DACH at Stripe, and David Schreiber, who previously led Stripe’s largest global business unit, including its core card payments platform. In May 2025, Duna raised a €10.7 million Seed round led by Index Ventures.

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Duna aims to build global trust infrastructure by creating a digital passport for every business, with plans to develop it into a network for shareable identity and one-click onboarding.

Its AI-driven business identity platform is used by banks, fintechs, platforms, and financial institutions, including Plaid, CCV (Fiserv), Moss, Bol, and SVEA Bank. Customers report onboarding processes that are 10.6 times faster and productivity improvements of 4.8 times.

“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.”

“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,” added Duna founder David Schreiber. “We are turning a decades-old compliance cost center into a core revenue driver.”

About Duna

Duna is an AI-powered business onboarding and compliance platform for banks, fintechs, and financial institutions. It aims to build global trust infrastructure by creating a digital passport for businesses, enabling faster onboarding, secure compliance and, over time, a shareable identity network with seamless one-click verification.