Lunar Way

neobanks / digital banksover the top

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

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About

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

People

FOUNDERS

Ken Villum Klausen

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Nykredit A/S

Seed Capital

KEY EMPLOYEES:

Ken Villum Klausen(CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$9.5 M

DATE OF LAST FUNDING

May 2017

SEED CLOSED ON

Jun 2015

SEED PRIOR FUNDING COMMENT

An undisclosed amount raised in June 2015.

FUNDING SERIES

SERIES A  · $9.5 M  · Dec 2016

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

Denmark

Views:

44 VISITORS | 82 VIEWS
LATEST FUNDING ROUND

$9.5 M

TOTAL EMPLOYEES
11-50

About

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

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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