# Lunar

> Source: https://docs.barcoder.ai/docs/wallets/lunar
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Lunar — official](https://www.lunar.app/)

## Overview

**Lunar** is a **Nordic neobank** operated by **Lunar Bank A/S**, headquartered in **Aarhus, Denmark** and founded **2015** <sup>[1][1], [2][2]</sup>. Lunar began as a mobile-first banking app sitting on top of partner banks, then obtained its own **European banking license in 2019**, becoming a full bank serving consumers and businesses across **Denmark, Sweden and Norway**. Its product range spans current accounts, cards, savings, investing/crypto, lending and a business banking offering.

## History

**2015 — Founded as Lunar Way** <sup>[2][2]</sup>: Established in Aarhus by **Ken Villum Klausen** as a mobile banking app overlaying existing banks.

**2019 — European banking license granted** <sup>[1][1], [2][2]</sup>: Lunar obtained a full banking license from the Danish FSA (Finanstilsynet), transitioning from app-on-top-of-bank to a chartered bank.

**2020-2022 — Nordic expansion + funding rounds** <sup>[2][2]</sup>: Expanded to Sweden and Norway; raised large growth rounds (including a reported €210M round in 2021 valuing the company around €2B), acquired Lendify (Swedish consumer-lending platform) and Paylike (payments).

## Ownership & operator

**Operating entity**: **Lunar Bank A/S** (Denmark).

**Founder + CEO**: **Ken Villum Klausen**.

**Major investors**: Heartland (Anders Holch Povlsen), Tencent, Kinnevik, IDC Ventures, Chr. Augustinus Fabrikker, Greyhound Capital <sup>[2][2]</sup>.

**Regulator**: **Finanstilsynet** (Danish Financial Supervisory Authority).

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Lunar mobile app (iOS + Android) + Lunar card |
| **Identifiers** | Email + phone + IBAN + card number |
| **Rails** | Local Nordic clearing + SEPA Credit Transfer / SEPA Instant |
| **Card network** | **Mastercard** (Lunar card) |
| **Wallets** | Apple Pay + Google Pay via EMV tokenization |
| **Sub-products** | Lunar savings, Lunar Invest (stocks/ETFs + crypto), Lunar Business, consumer lending |

## Implementations & partners

**Operator**: **Lunar Bank A/S** (chartered bank).

**Card-network partner**: **Mastercard**.

**Acquisitions**: Lendify (Swedish lending), Paylike (payments) <sup>[2][2]</sup>.

**Competitors**: [Revolut](https://docs.barcoder.ai/docs/wallets/revolut), [N26](https://docs.barcoder.ai/docs/wallets/n26), [bunq](https://docs.barcoder.ai/docs/wallets/bunq), Nordic incumbents (Danske Bank, Nordea, SEB) and local mobile-payment schemes (MobilePay / Vipps).

## Status

**Active** <sup>[1][1], [2][2]</sup>:
- **Lunar Bank A/S** — full Nordic banking license since 2019.
- Operating across Denmark, Sweden and Norway with consumer + business banking.
- Exact user counts and financials not consistently disclosed in verifiable public form (~).

## Sources

[1]: https://www.lunar.app/ "Lunar — official"
[2]: https://en.wikipedia.org/wiki/Lunar_(bank) "Lunar — Wikipedia"
[3]: https://techcrunch.com/2021/08/04/lunar-raises-210m/ "Lunar €210M round — TechCrunch"

- [1] [Lunar — official][1]
- [2] [Lunar — Wikipedia][2]
- [3] [Lunar €210M round — TechCrunch][3]

## Source

Biography extracted from [lunar.md](https://docs.barcoder.ai/source/wallets/lunar). See `matrix.md` for standards-support matrix if present.