Lunar moves into payments space with latest acquisition

With its latest acquisition, Danish challenger bank Lunar has taken one small step for payments and one giant leap for business banking.

The digital bank has acquired payment gateway Paylike to launch its own one-step checkout solution for its business customers.

Paylike, which Lunar acquired for an undisclosed amount, handles more than €100m of transactions every year and will help the bank to bolster its current business banking offering.

Read more: AltFi