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Daniosh neobank Lunar has raised €70 million in fresh capital as it prepares for the roll out of new crypto trading and B2B payments products.
The new funding round is a top up to the Nordic challenger’s €210 million Series D in July last year. The firm has now raised €345 million in total and now commands a valuation just shy of €2 billion.
Lunar now counts 500,00 customers and €1.3 billion in deposits across Denmark, Sweden and Norway, with plans to move into Finland afoot.
The firm’s move into business banking is also picking up steam, with 15,000 customers oboard and new payment services coming down the line.
For the forthcoming move into crypto trading, users will be able to trade and cash out bitcoin, ethereum, cardano, polkadot and doge.
Financial Services
