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With $4.5 million raised in seed funding, Bits Technology is on a mission to simplify and democratize financial tech services

With $4.5 million raised in seed funding, Bits Technology is on a mission to simplify and democratize financial tech services

May 7, 2023

Logo of Bits Technology

Introducing Bits Technology - the Swedish startup making waves in the world of financial services. With $4.5 million raised in seed funding from Unusual Ventures, Bits Technology is on a mission to simplify and democratize financial tech services for everyone. Founder Jonatan Klintberg and his team of curious builders have a decade of experience in fintech, open banking, and infrastructure, making them well-equipped to tackle the challenges faced by fintech, banks, and regulated entities.

team at Bits Technology

Bits Technology provides an array of capabilities at your fingertips, including a decision engine to identify and mitigate AML risks, real-time monitoring of changing risk profiles, and multi-market support for cost-effective expansion. Their no-code platform allows for fully customized onboarding experiences and customer monitoring solutions, without a single line of code. With Bits Technology, you can access actionable data to assess risk, prevent fraud, and maintain compliance. Their vision is to rethink how fintech products are built, and their strategy involves the orchestration of multiple infrastructures and data sources, resulting in flexibility and dynamic user experiences. 

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