Lunar Way

Lunar Way is digital banking solution. They want to provide the mobile banking experience for the millennial generation in Scandinavia.

FOUNDING YEAR: 2015 LOCATION: Denmark
Last Update: 01/05/2020

About

Lunar is a digital bank with the best app on the market. We make things easier for more than 150,000 users in the Nordics every day. Get a sleek card and account for free and manage with the neatest tools.We dont believe we are the best at everything - thats why we team up with partners providing the best products, so users can tailor the experience to their needs. Lunars vision is to build a financial super app bundling all services essential for our users. Today you can save, spend, invest, get loans and insurance under Lunars roof.Things change, banks should too. Five quick facts about Lunar- Founded in 2015- Offices in Aarhus, Copenhagen, Stockholm and Oslo- Secured a banking license in 2019- Has +120 employees from all of Scandinavia

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Inner Circle Analysis

Lunar Way is digital banking solution. They want to provide the mobile banking experience for the millennial generation in Scandinavia.

Focus

PRODUCTS & SERVICES

Lunar Way provide platform for digital banking

REVENUE MODEL

Lunarway has partenered with banks. The company has not revealed its revenue model but the company must be taking a percentage of transaction from Bank

MAIN CLIENTS

Retail consumers

EXISTING PARTNERSHIPS

Partnered with Nykredit bank to manage user accounts.

COMMENT

The company will continue launching a new feature in its product line that allows their user's finances to become an extension of their existing mobile world.

Traction

VALUATION / MARKET CAP:

$34.21 M in 2017

ACTIVE USERS COMMENT:

115K users in 2017, 85K users in 2016

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