About Lunar
Lunar is a company based in Aarhus (Denmark) founded in 2015 by Peter Andreasen and Ken Villum Klausen. It operates as a Subscription Services, Freemium, and FinTech. Lunar has raised $725.75 million across 12 funding rounds from investors including Tencent, Heartland Payment Systems and Fuel Ventures. Lunar has completed 2 acquisitions, including Instabank and Paylike. Lunar offers products and services including Free Account and Digital Card, SAS EuroBonus Card, Invest, and Lunar Block Crypto. Lunar operates in a competitive market with competitors including Northmill, Sbanken, Bank Norwegian, Aprila Bank and Instabank, among others.
- Headquarter Aarhus, Denmark
- Founders Peter Andreasen, Ken Villum Klausen
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Lunar Bank A/S
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Products & Services of Lunar
Lunar offers a comprehensive portfolio of products and services, including Free Account and Digital Card, SAS EuroBonus Card, Invest, and Lunar Block Crypto.
A free account with digital card is provided.
Rewards on daily spending are earned through this card.
Investment in stocks and ETFs is made accessible.
Crypto trading is facilitated on a Danish platform.
People of Lunar
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Product Management Team
14 people
Leadership Team
8 people
Creative and Marketing Team
8 people
Software Development Team
8 people
Sales and Marketing
8 people
Human Resources and Administration
7 people
Senior Team
6 people
Head Team
5 people
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Funding Insights of Lunar
Lunar has successfully raised a total of $725.75M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $54.58 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Lunar
Lunar has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tencent, Heartland Payment Systems and Fuel Ventures.
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Tech startups are funded by IDC Ventures venture capital firm.
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Investments are directed by Heartland Ventures toward Midwest tech firms.
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Investor details for Lunar
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Investments & Acquisitions by Lunar
Lunar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Instabank and Paylike.
Investment portfolio details for Lunar
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Internet first bank
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Payment acceptance solution for businesses
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Complete acquisition details for Lunar
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Financial Statements - Lunar
Detailed financials for Lunar
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- Profit trends
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Lunar Comparisons
Peer comparison for Lunar
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Competitors of Lunar
Lunar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Northmill, Sbanken, Bank Norwegian, Aprila Bank and Instabank, among others.
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Wealth data is aggregated and lending is provided for businesses.
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Digital bank for consumers and businesses
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Digital bank for individuals
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Online platform for invoice financing
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Internet first bank
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Detailed competitors of Lunar
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Latest news on Lunar
Complete news archive for Lunar
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Frequently Asked Questions about Lunar
Lunar was founded in 2015.
Lunar is headquartered in Aarhus, Denmark.
Ken Villum Klausen is the current CEO of Lunar. They have also founded this company.
Lunar is a funded company, having raised a total of $725.75M across 12 funding rounds to date.
Lunar is established as a 100 digital bank with no physical branches, based in Denmark. Banking services are provided through a mobile app, focusing on user-friendly financial management. Various accounts and cards, including free accounts and premium plans with added benefits, are offered. Investment opportunities in stocks, funds, ETFs, and cryptocurrency trading through Lunar Block are facilitated. Travel benefits and high interest rates on savings are included in select plans. The company operates under the supervision of the Danish Financial Supervisory Authority, ensuring safety and compliance.
Lunar's top competitors include Aprila Bank, Lea bank and Sbanken.
Lunar offers Free Account and Digital Card, SAS EuroBonus Card, Invest, and Lunar Block Crypto.
Lunar has 15 investors. Key investors include Tencent, Heartland Payment Systems, Fuel Ventures, Kinnevik, and IDC Ventures.