# Bits Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bits-technology

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.bits.bi/
- Total disclosed funding: $19M
- Latest round: Series A (Jan 2, 2026)
- Investors on record: 8

## About

Based in Sweden, and founded in 2022 by Robin Lantz, Jonatan Klintberg, and Fredrick Eriksson, Finbits AB doing business as Bits Technology is a financial technology service, that connects data sources and orchestrates workflows. In February 2026, Bits Technology raised EUR 12 million in series A funding led by Alstin Capital, with participation from  Cherry Ventures, Unusual Ventures, and Alliance Ventures. 

The company makes it easier for customers globally to manage their money by connecting to market providers across the finance industry and relying on different providers to ensure the quality and uptime of the client services. The company offers real-time routing for fallbacks rather than downtime and uses the best facilities to focus on design experience and quality that is tailored to the needs of the customers. Bits generates revenue by selling subscription-based compliance software to banks and fintechs, charging recurring fees for onboarding, AML, fraud detection, and ongoing monitoring services.

The company will use the February 2026 funding to deepen automation across financial crime compliance workflows and expand coverage of regulatory and data sources.

## Funding rounds

- Series A, Jan 2, 2026, $14M — Cherry Ventures, Alliance Ventures, Unusual Ventures, Alstin Capital
- Seed, Apr 27, 2023, $4.4M — Alliance Venture, Cherry Ventures, Forward Venture Capital, Unusual Ventures, Fin Capital, Greens Ventures

## Investors

- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Seed
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A
- Forward Venture Capital (https://capitalatlas.ai/funds/forward-venture-capital) — Seed
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed, Series A
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Seed
- Greens Ventures (https://capitalatlas.ai/funds/greens-ventures) — Seed
- Alliance Ventures — Series A
- Alstin Capital (https://capitalatlas.ai/funds/alstin-capital) — Series A