Duna, a business identity startup founded by ex-Stripe executives, has raised €10.7 million in seed funding led by Index Ventures to streamline regulatory compliance through automated, shareable digital business IDs. Major firms like Plaid and Moss already use the platform to meet evolving requirements, such as AMLD6 and PSD3, delivering a 38% average increase in onboarding conversion within six months. Duna aims to replace outdated manual processes with secure, universal digital passports for businesses, addressing a critical bottleneck in compliance and onboarding amid rising regulatory complexity.
Stripe Alumni Raise €10.7 Million for Business Identity Startup
