Bits Technology
The Growth Engine for the Entire Compliance Lifecycle
27 employees · est. 2022 · Stockholm, Sweden
Bits Technology is the larger of the two.
Side-by-Side Comparison
| Metric | Bits Technology | TrueBiz |
|---|---|---|
| Founded | ||
| Founded | 2022 | 2022 |
| Headquarters | ||
| Headquarters | Stockholm, Sweden | Not tracked yet |
| Employees | ||
| Employees | 27 larger | 5 |
| Industry | ||
| Industry | Financial Services, Fintech, RegTech | Financial Services, Embedded Systems |
| Funding Stage | ||
| Funding Stage | Series A | Seed |
| Total Funding | ||
| Total Funding | $17.00M | $2.40M |
| Funding Rounds | ||
| Funding Rounds | 3 | 3 |
| Services | ||
| Services | Automated Compliance Operations, Customer Onboarding, AML Risk Scoring Model, Transaction Monitoring, Ongoing Due Diligence, Case Management | Not tracked yet |
| Target Customers | ||
| Target Customers | Regulated Financial Companies, Financial Institutions, Fintech Companies, Compliance Managers | Not tracked yet |
| Taxonomy | ||
| 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 | Merchant Risk Management, KYB (Know Your Business), Underwriting Automation, Financial Services Onboarding, Risk Reduction, KYC (Know Your Customer), Verification Process Optimization, Customer Churn Prevention, Business Account Opening, Compliance Automation |
| Website | ||
| Website | bits.bi | truebiz.io |
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...
About TrueBiz
TrueBiz is a promising startup founded in 2022 with the mission to simplify merchant risk underwriting. The company's slogan, "Merchant risk made simple", encompasses its core focus on reducing manual review during KYB & underwriting to streamline business account opening. TrueBiz operates in the Fi...
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Funding, hiring, leadership and stack changes at Bits Technology and TrueBiz — by email.
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Compiled from the BounceWatch company index. We last looked at Bits Technology on 8 Aug 2026, and TrueBiz on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
