Bits Technology

Bits Technology is a fintech company based in Stockholm, founded in 2022.

It provides a compliance infrastructure platform designed to automate customer onboarding and regulatory processes for regulated financial companies, primarily in Europe. The company specializes in KYC (Know Your Customer), KYB (Know Your Business), and AML (Anti-Money Laundering) solutions, offering a no-code platform that integrates multiple data sources through a single API. The services offered by Bits Technology include an onboarding tool for dynamic customer and business workflows, real-time AML risk assessment, a case management system for ongoing compliance, continuous due diligence monitoring, and transaction monitoring tools to detect suspicious activities. The company serves fintechs, banks, regulated entities, and merchants, focusing on simplifying business onboarding and ensuring secure operations. Bits Technology has raised approximately $19.63 million across three funding rounds from notable investors.