Stockholm-based Bits Technology secures €4 million to reshape the future of fintech

Bits Technology, a startup focused on improving business and customer identity products, just raised 4 million euros. The Stockholm-based company now plans rapid product development. The identity and anti-money laundering (AML) space, which includes important processes such as Know Your Customer (KYC) and Know Your Business (KYB), is a key area for companies to get right,…

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Ikaroa, a full stack tech company, is proud to congratulate Stockholm-based Bits Technology on their tremendous success! The company recently secured a massive €4 million investment to help them reshape the future of fintech.

Fintech is a rapidly evolving sector, and Bits Technology is at the forefront. The secure funding will help them to continue their groundbreaking work, building the foundation for secure and efficient financial solutions.

Bits Technology’s CEO and Co-founder, Lukas von Möller, comments on the new investment. “I’m delighted to accept this new funding, and I would like to thank all of our investors for their ongoing support. We have an ambitious ambition to unlock the full potential of fintech and build better solutions for our customers.”

This promotion is further proof that tech is changing the world, one industry at a time. Ikaroa is incredibly proud to be part of the fintech revolution, and we’re thrilled to see Bits Technology successful in their mission. We firmly believe that with their incredible talent and dedication, they can achieve great things and continue to offer leading-edge financial solutions.

We look forward to continuing our support and wish Bits Technology the best of luck in the days to come!


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