Bits Technology

Bits Technology is a Swedish-based startup founded in 2022, specializing in streamlining customer identification in the Financial Services and Fintech industries. Their platform integrates multiple data sources into a cohesive system, enabling the quick creation of dynamic onboarding workflows for businesses. Notably, their intuitive Workflow Builder allows for customizations without the need for coding, catering to different market levels and risk categories. The company recently secured a €4.00M Seed Round investment on 27 April 2023, with contributions from prominent investors such as Cherry Ventures, Fin Capital, Unusual Ventures, and Alliance Innovation Lab Shanghai.

Bits Technology's platform stands out with its no-code setup, ensuring businesses can swiftly deploy it with their own branding. Moreover, the centralized Reports tool provides a singular overview for managing post-onboarding customer activities, aiding teams in focusing on generating significant customer outcomes. With a strong investor backing and a compelling product offering, Bits Technology is poised for growth and greater market penetration in the burgeoning field of customer identification and compliance technology.