Lunar secures new capital to support Nordic expansion

Lunar Raises €46 Million to Expand Nordic Banking and Lending

Nordic challenger bank Lunar has announced a €46 million capital increase to expand its business banking, develop its lending offerings, and support growth across the Nordics. The funding round, led by a combination of existing and new investors, will support Lunar’s expansion into Norway and Finland, alongside scaling its business banking and lending operations. Lunar aims to grow while pursuing profitability in 2026. Ken Villum Klausen “The ne…

Lunar secures new capital to support Nordic expansion

Lunar, a digital bank operating across the Nordic region, has raised €46m ($54.8m) in new funding. The company will use the capital to expand its business banking services, develop lending products, and facilitate growth in Norway and Finland. The funding round included participation from both long-standing and new investors. Among the new backers is London-based fintech investor 100A, which joins existing shareholders such as Heartland and Orbi…