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Bits Technology logo — The Growth Engine for the Entire Compliance Lifecycle

Bits Technology

The Growth Engine for the Entire Compliance Lifecycle

Founded 2022 Sweden Sweden 27 employees Series A Total: $17.00M Financial Services, Fintech +1

General Information

Company Name Bits Technology
Founded Year 2022
Location Sweden Sweden +1
Employees 27
Industries Financial Services, Fintech, RegTech
Funding Stage Series A
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Event Participation Sep 15, 2026

Bits Technology hosted an AMLR breakfast at its Stockholm office on September 15, 2026, where Marcus Björklund presented key changes to the EU's AMLR 2027.

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About Bits Technology

Bits Technology, founded in 2022, has swiftly positioned itself as a pivotal player in the Financial Services, Fintech, and RegTech sectors. Headquartered in Sweden, the company emphasizes simplifying business onboarding while ensuring secure and compliant operations, aligning with its slogan, "The Growth Engine for the Entire Compliance Lifecycle." This underscores its commitment to fostering seamless growth and securing trustworthy partnerships.

Recently, Bits Technology secured a significant €12.00M Series A investment on 01 February 2026. The funding round was led by top investors, including Cherry Ventures, Unusual Ventures, Alliance Ventures, Alstin Capital, and entrepreneur Haval van Drumpt. Such high-profile backing not only reinforces the company's market potential but also highlights investors' confidence in its ability to innovate and lead in compliance-driven technology solutions.

Taxonomy: Compliance Lifecycle, Business Onboarding, Secure Operations, Financial Tech Services, Data Orchestration, Workflow Automation, KYC (Know Your Customer), Identity Verification, AML (Anti-Money Laundering), KYB (Know Your Business), ID Verification, Tech Solutions for Fintech, Software Engineering for Compliance, Product Design for Financial Services, Trustworthy Partnerships

Services & Products

Automated Compliance Operations
Customer Onboarding
AML Risk Scoring Model
Transaction Monitoring
Ongoing Due Diligence
Case Management

Target Customers

Regulated Financial Companies Financial Institutions Fintech Companies Compliance Managers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor Investor
•••• •••• 		01 Feb 2026
Seed •••••• 6
Investor Investor Investor Investor Investor Investor
01 Apr 2023
Seed •••••• 2
Investor Investor
01 Sep 2022

Latest News

View All
10 super exciting Swedish startups to watch in 2024 and beyond! — Eu-startups
10 super exciting Swedish startups to watch in 2024 and beyond!
Eu-startups Mar 14, 2024
Revolut alumni quietly raise £2.5m from Lightspeed and Cocoa for stealth startup — Sifted
Revolut alumni quietly raise £2.5m from Lightspeed and Cocoa for stealth startup
Sifted Apr 03, 2024
More startups are being spun out of Klarna than any other European fintech unicorn — Cnbc
More startups are being spun out of Klarna than any other European fintech unicorn
Cnbc Nov 23, 2025

Bits Technology Alternatives & Competitors

Bits Technology vs
TrueBiz
TrueBiz

Merchant risk made simple

Seed
5 employees
Financial Services, Embedded Systems
Compare Bits Technology vs TrueBiz
Bits Technology vs
Passfort
Passfort United Kingdom

PassFort, a Moody's Analytics company, is on a mission to transform the way compliance professionals...

Acquired
14 employees
Compare Bits Technology vs Passfort
Bits Technology vs
AU10TIX
AU10TIX The Netherlands

Global Provider of Identity Verification and Identity Management Solutions

Growth
202 employees
Analytics, Cyber Security
Compare Bits Technology vs AU10TIX

FAQ About Bits Technology

The Growth Engine for the Entire Compliance Lifecycle
Bits Technology was founded in 2022.
Bits Technology is headquartered in Sweden.
Bits Technology operates in the following industries: Financial Services, Fintech, RegTech.
Bits Technology has approximately 27 employees.
Bits Technology has completed 3 funding rounds, raising a total of $17.00M. The latest funding stage is Series A.
Bits Technology offers: Automated Compliance Operations, Customer Onboarding, AML Risk Scoring Model, Transaction Monitoring, Ongoing Due Diligence, Case Management.
Top alternatives and competitors to Bits Technology include TrueBiz, Passfort, AU10TIX, Astra, Trulioo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bits Technology and TrueBiz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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