What is Duna's main goal with its business identity verification?

Duna aims to build a global trust infrastructure, offering a digital passport for businesses to reuse verified identity information across multiple platforms.

How does Duna differentiate itself from competitors like Jumio and Veriff?

Duna distinguishes itself by generating its own data for business verification, rather than aggregating existing, often incomplete, data sources.

Home / Business and Economy / Stripe Mafia' Funds Business ID Startup Duna to $33M

Stripe Mafia' Funds Business ID Startup Duna to $33M

Q: Who are the founders of the business identity startup Duna?

Duna was co-founded by former Stripe employees Duco Van Lanschot and David Schreiber.

5 Feb

•

Summary

Business identity startup Duna secured €30 million in Series A funding.
The company aims to build a global trust infrastructure for businesses.
Duna's vision includes a digital passport for businesses to reuse verified identity information across platforms.

Stripe Mafia' Funds Business ID Startup Duna to $33M

Business identity verification startup Duna has secured €30 million in Series A funding, solidifying its position as a well-funded European venture. Co-founded by former Stripe employees Duco Van Lanschot and David Schreiber, Duna focuses on improving business customer onboarding for fintech companies.

The startup's core offering helps reduce churn associated with corporate ID checks and fraud prevention. Duna's ambition extends to creating a global trust infrastructure, enabling businesses to use a 'digital passport' for verified identity information across various platforms.

This vision attracted investment from Alphabet's CapitalG, which led the round. Duna's approach of generating its own data, rather than aggregating existing sources, sets it apart from competitors in the Know Your Business (KYB) sector.