Lunar
Builders in Fintech has recorded 2 equity rounds for Lunar, most recently a round of 46,000,000 EUR on 27 January 2026.
Challenger bank
Added ·
People
Current
- Ken Villum Klausen — CEO and founder
Funding history
46,000,000 EUR
100A, Heartland, Orbit Alliance
Added · · Weekly update #117
24,100,000 EUR
Added · · Weekly update #27
Investors
Mentioned on the podcast
Lunar announced an investment of around 46 million euros the day before this recording; Ken counts it as roughly its seventh raise, officially a Series E.
Ken previously ran an enterprise point-of-sale and payments business, acquired in 2014, and launched Lunar in 2015 with two co-founders.
Lunar is the only pan-Nordic challenger bank.
Lunar's business banking is growing about 10% month on month, adding a couple of thousand businesses a month after reaching 40,000 business customers in January.
Sweden has overtaken Denmark in Lunar's business sign-ups; business accounts launch in Norway soon and in Finland later in the year.
Lunar's Danish licence was the first independent banking licence in Denmark in more than ten years; it applied in stages and received a letter promising the licence once capital was in place.
Lunar has no plans to expand beyond the Nordics for now.
Lunar lets customers buy, hold and sell crypto in its app, which Ken believes no other Scandinavian bank offers.
Lunar uses AI across customer support, engineering and marketing.