Duna is building a global trusted business identity network and a digital passport for companies by offering an AI-native identity platform that streamlines onboarding and continuous compliance.

The platform automates KYC, KYB, CDD, and AML checks using AI to help banks and fintechs identify corporate customers quickly and securely, generating its own verification data rather than relying on external sources.

Duna aims to enable faster enterprise onboarding and to create network effects through reusable, verified business data across multiple platforms, starting with dense, small-market clusters like the Netherlands.

The Series A drew prominent investors including Index Ventures and Frank Slootman, underscoring expectations of strong network effects and scalable growth.

CapitalG’s Alex Nichols highlighted the founders’ Stripe backgrounds and the plan to scale with a high-ownership, talent-dense culture.

Duna previously raised a seed round of €10.7 million in the prior year, with details on current valuation and customer count not disclosed.

Early evidence suggests significant impact potential even in small markets, where large compliance teams could be automated to cut costs and boost revenue.

Early customers include Plaid, Adyen, and Bol, with backing from executives with experience at Goldman Sachs, Anthropic, Stripe, and Snowflake.

Founders argue that compliance and identity costs are a major friction point in banking and that AI-driven automation can reduce fraud, friction, and fines while turning compliance into a revenue driver.

Duna’s €30 million Series A, led by CapitalG, expands Stripe-alumni influence in Europe’s fintech scene, with continued support from Index Ventures and Puzzle Ventures.

The round funds will be used to broaden enterprise capabilities and scale the AI-enabled identity network for banks and large enterprises.

Duna’s platform supports KYC, KYB, CDD, and AML, and has reported onboarding time reductions and productivity gains for customers like Plaid, Moss, Bol, and SVEA Bank.