Denmark based challenger bank raised $47m of Series C funding from Chr. Augustinus Fabriker, Klaus Oestergaard and Alan Howard.
Lunar Business went live in Denmark first. In the first months of launch, Lunar claims it signed more than half of Denmark’s newly founded sole trader businesses as new customers. “We are building one app that will break up the monopoly-like Nordic banking infrastructure,” says Ken Villum Klausen, Lunar’s founder and CEO.