Lunar, the Nordic neo-bank, raises $77M at a $2B valuation
Lunar is announcing growth funding along with two new services to continue filling out its ambition of providing a one-stop super app for its users. The startup has raised €70 million ($77 million at today’s rates), at a $2 billion post-money valuation; and along with that news, it’s launching a crypto trading platform and B2B payments for its small and medium business customers.
The new services join a swelling list of offerings for its users. Lunar has a full banking license (setting it apart from a number of other neo-banks, which operate on other banks’ rails), and it offers checking and deposit accounts; loans and other credit services like buy now, pay later; stock, fund and ETF investing for consumers; plus business accounts, loans and financial management for SMBs.