News and Press releases.

Lunar takes digital banking to the next level with the launch of the first-ever major app update, 5.0, marking a pivotal moment in the platform's evolution. The new app brings a bold new focus on customisation, seamless functionality, and a visually refreshed design. With these updates, Lunar empowers users to create a banking experience tailored to their unique financial goals and preferences, reinforcing the position as a Nordic leader in user-centric banking innovation.

Lunar, the Nordic challenger bank, is taking a step to redefine payments for enterprises by over time transitioning its Banking Services division into a new standalone entity within Lunar Group: Moonrise. This strategic move underscores Lunar’s commitment to scaling its operations and unlocking the immense potential of Banking-as-a-Service (BaaS) in the Nordics and beyond.

22 November 2024 — Lunar, the fast-growing Nordic challenger bank, today announces the appointment of Robert Stambro as its new Chief Financial Officer (CFO), effective December 1st. Robert joins Lunar from his most recent role as CFO at Qliro, a leading Nordic fintech company, where he played a pivotal role in driving financial strategy and operations.

Lunar, the fast-growing Nordic challenger bank, announces a strategic partnership with Saldo Bank, a leading fintech and banking provider. Saldo Bank is the first bank to leverage Lunar's Nordic infrastructure, using its platform to streamline local payment processes and increase automation for their Swedish credit and deposit customers.

Lunar, the Nordic challenger bank, announces the launch of its next generation AI Voice Assistant, marking a significant milestone as the first European bank to introduce GenAI Native Voice technology.

June 18, 2024 – The two Scandinavian companies, Lunar and SAS, have entered a new partnership. Today, they are launching Scandinavia's first debit card that allows you to earn EuroBonus points on daily purchases from trips to the supermarket, morning coffee, and summer experiences – without using credit.

Money 20/20 Europe, Amsterdam, 4th June 2024 - PPRO, the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. This collaboration will enhance PPRO’s instant payment capabilities in Sweden through seamless integration with Lunar’s Nordic payment infrastructure and will allow Swedish consumers to use local mobile payment method Swish for payments at more of their favourite global merchant brands.

Experienced international fintech player Tim Brooke Thom joins Nordic bank challenger Lunar as the new chairman of the Lunar Group board. Bringing with him a wealth of experience from the fintech sector, Tim has a notable background, particularly in neobanking. His most recent fintech chair role was at the highly successful British bank Monzo, where he played a pivotal role during its rapid expansion phase.

Nordic challenger bank Lunar announced a capital raise of 24.1 million EUR. In February, Lunar concluded a two-part investment round totaling 26.8 million EUR, bringing the total raised in the past four months to 50.9 million EUR.

Nordic challenger bank Lunar is joining forces with TrueLayer, Europe’s leading open banking payments network, to redefine the payments landscape across Denmark, Sweden and Norway.

Lunar doubles net interest and fee income in the first half of 2023 compared to the same period last year. At the same time, Lunar continues the investments in developing the business and the product range to become the best everyday bank in the Nordics.

For many Danish entrepreneurs summer holidays are filled with concerns about revenue and staffing issues. Two out of three Danish entrepreneurs take fewer holidays than regular employees, while one in five only takes 1-2 weeks of vacation in a year.

The fintech company Froda has formed a partnership with Visa to develop a brand-new loan solution for businesses.

Strong demand from both national and international payment players drives Lunar to open up its Nordic payment infrastructure to partners.

Lunar invests massively in the business and increases net interest and fee income by over 360 per cent. in 2022.

Fintech company Lunar raises 35 million EUR in new capital to invest in the business and shorten the path to profitability and create even more value for customers.

Lunar announces that it has not been possible to obtain regulatory approval of the acquisition of the Norwegian bank, Instabank.

The fintech company Lunar Group increases income by more than 500% in the first part of 2022 and raises 2012 million DKK in new growth capital.