Lunar

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Overview

Lunar is a Nordic neobank operated by Lunar Bank A/S, headquartered in Aarhus, Denmark and founded 2015 [1, 2]. Lunar began as a mobile-first banking app sitting on top of partner banks, then obtained its own European banking license in 2019, becoming a full bank serving consumers and businesses across Denmark, Sweden and Norway. Its product range spans current accounts, cards, savings, investing/crypto, lending and a business banking offering.

History

2015 — Founded as Lunar Way [2]: Established in Aarhus by Ken Villum Klausen as a mobile banking app overlaying existing banks.

2019 — European banking license granted [1, 2]: Lunar obtained a full banking license from the Danish FSA (Finanstilsynet), transitioning from app-on-top-of-bank to a chartered bank.

2020-2022 — Nordic expansion + funding rounds [2]: Expanded to Sweden and Norway; raised large growth rounds (including a reported €210M round in 2021 valuing the company around €2B), acquired Lendify (Swedish consumer-lending platform) and Paylike (payments).

Ownership & operator

Operating entity: Lunar Bank A/S (Denmark).

Founder + CEO: Ken Villum Klausen.

Major investors: Heartland (Anders Holch Povlsen), Tencent, Kinnevik, IDC Ventures, Chr. Augustinus Fabrikker, Greyhound Capital [2].

Regulator: Finanstilsynet (Danish Financial Supervisory Authority).

Technical integration

Layer	Description
Channels	Lunar mobile app (iOS + Android) + Lunar card
Identifiers	Email + phone + IBAN + card number
Rails	Local Nordic clearing + SEPA Credit Transfer / SEPA Instant
Card network	Mastercard (Lunar card)
Wallets	Apple Pay + Google Pay via EMV tokenization
Sub-products	Lunar savings, Lunar Invest (stocks/ETFs + crypto), Lunar Business, consumer lending

Implementations & partners

Operator: Lunar Bank A/S (chartered bank).

Card-network partner: Mastercard.

Acquisitions: Lendify (Swedish lending), Paylike (payments) [2].

Competitors: [[revolut]], [[n26]], [[bunq]], Nordic incumbents (Danske Bank, Nordea, SEB) and local mobile-payment schemes (MobilePay / Vipps).

Status

Active [1, 2]:

Lunar Bank A/S — full Nordic banking license since 2019.
Operating across Denmark, Sweden and Norway with consumer + business banking.
Exact user counts and financials not consistently disclosed in verifiable public form (~).

Sources

Source

Biography extracted from lunar.md. See matrix.md for standards-support matrix if present.