Nordic Challenger Financial institution Lunar Reportedly Raises €40 Million By means of Collection C Funding Spherical

Nordic challenger financial institution Lunar has reportedly secured €40 million by way of its Collection C funding spherical. The most recent spherical of funding comes simply months after Lunar raised an extra €20 million by way of its prolonged Collection B, bringing the funding spherical’s complete quantity to €46 million raised.

As beforehand reported, Lunar claims to be a digital that has the imaginative and prescient to construct a monetary tremendous app bundling all companies important for customers.

“We make issues simpler for greater than 150,000 customers within the Nordics each day. Get a glossy card and account at no cost and handle with the best instruments. We don’t imagine we’re the most effective at every part – that’s why we group up with companions offering the most effective merchandise, so customers can tailor the expertise to their wants.”

Lunar launched its banking service in March after buying its banking license in 2019 and the banking group presents free accounts and a subscription-based service known as Lunar Premium. The corporate just lately introduced the debut of its banking accounts particularly for youngsters.

“Lunar is a digital financial institution with the most effective app available on the market. We make issues simpler for greater than 170,000 customers within the Nordics each day. Get a glossy card and account at no cost and handle with the best instruments. We don’t imagine we’re the most effective at every part – that’s why we group up with companions offering the most effective merchandise, so customers can tailor the expertise to their wants.”

Based on TechCrunch, Lunar has raised €104 million in complete funding from traders together with Seed Capital, Greyhound Capital, Socii Capital, and Chr. Augustinus Fabrikker.