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

Amsterdam-based Duna, an identification FinTech started by 2 Red stripe graduates, today introduced a EUR30 Million Collection A financing round to develop international depend on framework by giving an electronic key for each service.

The round was led by CapitalG, Alphabet’s independent development fund. Existing capitalists Index Ventures, Problem Ventures and Snow Chairman Frank Slootman additionally joined the round. This newest fundraise brings Duna’s complete financing to greater than EUR40 million.

“ Duna is resolving among the net’s largest unresolved troubles: identification,” states Duna owner Duco van Lanschot “ Conformity and identification currently take in approximately 10-20% of a financial institution’s complete prices. The pricey and hands-on tradition systems result in billions shed in fraudulence, rubbing, and penalties, in addition to lost revenue from rejections of legit consumers. This makes it a suitable usage instance for AI automation“

Throughout 2025– 2026, EU-Startups has actually reported a constant circulation of financing right into the European electronic identification and identity-adjacent FinTech industry, extending biometric verification, controlled identification confirmation and payment-linked identification solutions.

In the UK, OneID elevated EUR19.1 million to scale its bank-verified electronic identification offering, while London-based Yaspa safeguarded simply over EUR10 million to broaden settlement and identification solutions for controlled industries such as on-line gaming.

Earlier-stage rounds consist of Amsterdam-based Ver.iD, which elevated EUR2 million to expand its electronic identification confirmation SaaS in accordance with brand-new EU guideline, and London-based Keyless, which introduced a EUR1.9 million round concentrated on privacy-preserving biometric verification. In nearby applications, Latvian start-up Handwave elevated EUR3.6 million to establish palm-based biometric repayments and identification innovation.

Jointly, these rounds stand for about EUR36– 37 million spent right into the industry over the duration, leaving out Duna itself.

Versus this background, Duna’s EUR30 million Collection A– following its €10.7 million Seed round reported by EU-Startups in 2025– stands apart as one of the bigger solitary increases in the European identification room, and significantly among minority concentrated especially on AI-native service identification framework.

The visibility of one more Amsterdam-based identification business, Ver.iD, highlights the Netherlands’ arising duty in this section.

“ The requirement for a protected service identification has actually never ever been even more immediate: AI has lots of advantages, however it additionally allows a velocity in the rate and refinement of fraudulence. Duna will certainly assist business root out this fraudulence,” includes Duna owner David Schreiber “ We are transforming a decades-old conformity price facility right into a core earnings chauffeur.“

The business was released in 2023 by Duco Van Lanschot, that was head of Benelux and DACH at Red stripe for 3 years, and David Schreiber, that invested 6 years at Red stripe where he ran the business’s biggest international service device, consisting of the core card settlement system.

Duna’s goal is to develop international depend on framework by giving an electronic key for each service. Gradually, this will certainly develop right into a network for shareable identification and one-click onboarding.

Today Duna’s AI-native service identification system offers big financial institutions, FinTechs, systems and banks. Consumers consist of big ventures such as Plaid, CCV (Fiserv), Moss, Bol and SVEA financial institution, with business apparently reporting 10.6 x faster onboarding and 4.8 x performance gains.

“ Duna is constructing the net’s missing out on ‘one click’ identification network. A lot of brand-new service connections begin with an unpleasant, hands-on, and lengthy exchange of records which total up to an enormous concealed tax obligation on the B2B economic climate,” stated Alex Nichols, CapitalG General Companion and long time financier in fintech leader Red stripe. “ Duco and David are the best owners to resolve service identification for the net. As previous leaders at Red stripe, they have not just deep founder-market fit however additionally the management abilities to develop a high-ownership, talent-dense society to accomplish such an enthusiastic vision“

Gradually, Duna’s purpose is for their electronic key to develop right into a network for shareable identification and one-click onboarding.

“ We have actually seen solid grip with leading business consumers,” proceeds Duco “ The financing will certainly be utilized to more broaden our business abilities with certified, auditable AI, while preserving the high regulative criteria called for by financial institutions and big ventures“

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