Duna, a business identity verification startup founded by Duco Van Lanschot and David Schreiber, has recently closed a €30 million Series A funding round led by CapitalG, Alphabet’s growth fund. This investment positions Duna as one of the most well-capitalized European startups with ties to the renowned ‘Stripe mafia,’ which includes notable figures from Stripe alumni.
Specializing in streamlining business customer onboarding processes, Duna caters to fintech firms aiming to enhance efficiency and combat fraud. Despite not counting Stripe as a client, Duna’s strategic approach has garnered support from key industry players, including current and former Stripe executives who have become angel investors in the startup. Notably, even Stripe’s competitor Adyen has shown interest in Duna, further underscoring the startup’s potential in the market.
Van Lanschot highlighted Duna’s focus on serving enterprise clients with tailored solutions for business onboarding, targeting a niche market segment overlooked by larger players like Adyen and Stripe.
As Duna continues to expand its operations and solidify its position in the industry, the startup’s success underscores the growing influence of Stripe alumni in shaping the European tech startup landscape.
Source: TechCrunch