"Business onboarding used to be a cost centre for Plaid. Now, it's a revenue driver thanks to Duna's intuitive onboarding flows, compliance automation, and high-end UX."
"There are many similarities between the level of complexity Duna set out to solve and what motivated us when starting Adyen."
"In a fast-moving AI landscape, we generate flawless images without a camera and draft legal arguments without a day in law school. Yet when it comes to business identity, we're still stuck in the era of spreadsheets."
Duna, founded in 2023 in the Netherlands and Germany, has successfully raised â¬10.7M in seed funding to develop its platform focused on compliant business identity. The investment, led by Index Ventures, aims to streamline and automate the onboarding process for businesses, leading to a notable 38% increase in conversion rates. Duna's platform addresses complex compliance regulations and is already in use by major enterprises like Plaid and Bol. The founding team, consisting of ex-Stripe employees, combines expertise from various tech giants, ensuring a robust and innovative approach to business identity management.
Read at Silicon Canals
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