Lunar, a digital mobile-based banking app that aims to change the way we handle money fundamentally, has raised €20 million in a Series B round led by Seed Capital. Other investors, including Greyhound, Socii, and David Helgason, founder of Unity Technologies, also participated. This brings the total funding to €46 million to date.
Additionally, the Copenhagen-based company has also announced that Ole Mahrt, former head of product, Monzo, will join its board of directors. Founded by Ken Villum Klausen in 2015, Lunar secured its banking license in 2019. As per the company claims, it has over 150,000 users in the Nordics. It has offices in Aarhus, Copenhagen, Stockholm, and Oslo and currently has employed around 120 people.