Heartland, Kinnevik, Tencent, and IDC Ventures have invested in the company

Neobank Lunar has raised $77 million and launched a crypto platform

11.03.2022 - 13:15

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1 min

What’s new? Lunar, a Danish fintech, has closed a $77 million funding round and introduced a crypto trading platform. The investments were led by Heartland, Kinnevik, Tencent, and IDC Ventures.

Information on the Lunar website

What does the CEO say? Lunar CEO Ken Clausen suggested that the launching of the trading platform will help customers who find it difficult to use multiple platforms simultaneously. The users of the Lunar app will be able to buy and sell Bitcoin, Ethereum, Polkadot, Dogecoin, and Cardano. Clausen added that the platform will explore how cryptocurrencies and blockchain can help customers reach the next level of payments.

What is known about the company? Lunar was founded in 2015 and provides banking services in Denmark, Norway, and Sweden. It received its European banking license in 2019 and has more than 500 000 customers as of early 2022.

Author:

Tatiana Darda Tatiana Darda

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