Duna, a business identity fintech founded by former Stripe executives, has raised €30 million in a Series A funding round led by CapitalG, Alphabet’s independent growth fund. Existing backers Index Ventures, Puzzle Ventures, and Snowflake Chairman Frank Slootman also participated, bringing the company’s total funding to more than €40 million.
Headquartered across Germany and the Netherlands, Duna was launched in 2023 by Duco van Lanschot and David Schreiber, both of whom held senior leadership roles at Stripe. Van Lanschot previously led Stripe’s Benelux and DACH operations, while Schreiber spent six years at the payments company overseeing its largest global business unit, including the core card platform. The company had earlier raised a €10.7 million seed round in 2025 led by Index Ventures.
Duna is building what it describes as a digital passport for every business, aiming to create a global trust infrastructure that simplifies compliance and onboarding. Its AI-native platform is designed to verify and manage business identities for banks, fintechs, and large enterprises, with the long-term vision of enabling shareable identity and one-click onboarding across the internet. Customers including Plaid, CCV (Fiserv), Moss, Bol, and SVEA Bank report onboarding times more than ten times faster and significant productivity gains.
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“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 percent 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.”
David Schreiber highlighted the growing urgency around business identity as fraud becomes more sophisticated. “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,” he said. “We are turning a decades-old compliance cost center into a core revenue driver.”
The new capital will be used to expand Duna’s enterprise capabilities and further develop compliant, auditable AI solutions that meet stringent regulatory standards. CapitalG General Partner Alex Nichols said the company is tackling a foundational problem in the B2B economy, positioning Duna to become a critical identity layer for the internet.