Danish neobank Lunar welcomes new investor – Hollywood actor Will Ferrell
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
“SunTec is providing a platform that supports our product roadmap,” says Danske Bank.
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
With the steady decline of cash in the Nordics, it is increasingly vital for businesses to provide digital payment options.
The new funds will facilitate the company’s “massive roll-out across Europe” in 2022.
The Series B was co-led by new investor Tiger Global and existing investor Avid Ventures.
London company completes busy first 12 months as it builds a capital markets solutions business.
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
The acquisition of the European open banking provider marks the latest move by Mastercard in the space.
COO says Mambu is “the right choice to help us on our growth trajectory”.
Kromann takes over from incumbent Klaus Holse, who held the role for nine years.
The challenger says the funds will be used to continue its growth and launch new products.
The firm says the investment brings its valuation to around $1.7 billion.
The parties say they have joined forces to “strengthen product development and innovation”.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
Joseph Edwin steps away from Nordic giant after many years leading major change.
“Think of us as a ridesharing service, but instead of rides, you sell your work,” says CEO.
The deal, which is pending regulatory approval, is expected to close by mid-May.
Roll-out of Prosper has already started in Denmark.
The neobank aims to target the SME sector in Europe.
SEB to deploy Google services across wider segments of the bank.
“It makes a big difference when you see someone like you on a platform.”
The deal prequels Nordic API Gateway’s European expansion plans for 2021.
Danish pensions fund goes live in time for the third phase of SFTR.
T2 would then include the Danish krone by November 2025.
Danish bank says the roles are reduced as part of an ongoing cost reduction plan.
Lunar to deploy a cloud-based version of Ambut Quantum.
Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.
The credit export agency selected Calypso after an “extensive” tender.
“Poland is one of the most attractive regions in Europe” for digital payments.
The round arrives just seven months after its €20 million Series B extension in April.
Martha Mghendi-Fisher is creating a community – a tribe – for women in the financial services industry.
Danish challenger bank claims to be pioneer with new service.
The Swedish bank has roughly 6.2 million customers.
Both firms entered the market in 2011 to bring APIs to payments.
The start-up landed a €2.5m seed investment this year from Paris-based investor BlackFin.
Denmark and Sweden lead European esports usage.
The Nordic bank has 150,000 customers.
“We’re ready to take on the giants,” says Anyday’s CEO.
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.