Lunar is building the first dedicated pan-Nordic challenger bank and is hunting for Swedish fintechs to integrate in the new Nordic Financial Super App

 

Visualise a bank as personal and digital as it gets. Not as an add-on service, but as an all-in alternative to incumbents.

The challenger bank Lunar is building a bank from scratch across Sweden, Denmark and Norway and the vision is to launch the first financial super app to shape the future of banking.

That means bundling the best products from the best providers in one app, and the Swedish fintech’s play a pivotal role in that vision. Sweden was the fastest growing market for Lunar in 2019 as the company surged to +130,00 users across the Nordics.

Morten Sønderskov, Chief Operating Officer of Lunar said:

  • We are the first challenger to go deep in the Nordics and to become a true alternative to incumbent banks. As we are rolling out our financial super app, we are looking to forge strong relationships with fintechs that have the best financial products for our users. In our experience the Swedish fintechs are among the best in the world and a great match for our users’ needs.

Lunar is already collaborating with Tink and Qred and looks to engage further with Swedish fintech companies. Lunar is rethinking the business model of banking by creating value added services and third party partnerships with shared revenue models and subscription based banking products.

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Press contact:
Morten Sønderskov, mso@lunarway.com

About Company:
Established in Aarhus in 2015, Lunar is on a mission to change banking and is currently building a Nordic bank from scratch after obtaining a banking license in August 2019.

Today Lunar is a banking app allowing users to have full control of their personal finances. Lunar has more than 130,000 users in the Nordics, offices in Aarhus, Copenhagen, Stockholm and Oslo and +120 employees. Lunar was launched in Sweden in 2018 by board member and Swedish tech profile Tuva Palm.

In early 2020 Lunar will go live with its own bank and release the vision of building a financial super app bundling all transaction-based services essential for their users.