Lunar - About the company
Lunar is a series D company based in Aarhus (Denmark), founded in 2015 by Ken Villum Klausen and Peter Andreasen. It operates as a Digital banking platform offering personal and business accounts, cards, savings, investing, and budgeting tools. Lunar has raised $649M in funding from investors like Seed Capital, Tencent and Heartland Payment Systems, with a current valuation of $2.2B. The company has 2508 active competitors, including 205 funded and 121 that have exited. Its top competitors include companies like Nubank, Chime and Mercury.
Sectors and market segments that Lunar operate in
Lunar serves in the FinTech market segments.The primary business model of Lunar is:Company Details
Digital banking platform offering personal and business accounts, cards, savings, investing, and budgeting tools. It offers multiple account tiers, including free and premium plans, with features such as digital and physical debit cards, budgeting tools, automatic savings, and real-time spending insights. Users can also benefit from international payment capabilities, travel-friendly card usage, and competitive exchange rates depending on their plan. It integrates investing in stocks, ETFs, and crypto through dedicated modules, enabling users to build and manage portfolios within the same ecosystem.
- Website
- www.lunar.app/
- Social
- Email ID
- *****@lunar.app
- Phone Number
- +45 **********
- Registered Address
- Hack Kampmanns Plads 10, 8000 Aarhus C, Denmark
Key Metrics
Founded Year
2015
Location
Aarhus, Denmark
Stage
Series D
Total Funding
$649M in 11 rounds
Latest Funding Round
Post Money Valuation
$2.2B as on Feb 09, 2023
Investors
Ranked
15th among 2508 active competitors
Employee Count
619 as on Aug 31, 2026
Legal entities associated with Lunar
Lunar is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Lunar Group A/S CIN: 36945745 , Denmark, Active | Jun 29, 2015 | - | - | |
LUNAR WAY A/S CIN: 923845704 , Norway, Active | Aug 09, 2015 | - | - | |
LUNAR BANK A/S CIN: 928327000 , Norway, Active | Jul 01, 2018 | - | - | |
Lunar Group APS CIN: 36945745 , Denmark, Active | Jun 25, 2015 | $10M - $50M (As on Dec 31, 2022) | 1 (As on Nov 30, 2024) | |
Lunar Bank A/S CIN: 39697696 , Denmark, Active | Jul 01, 2018 | - | 103 (As on Nov 30, 2024) | |
Lunar Way A/S CIN: 36982837 , Denmark, Active | Aug 09, 2015 | (As on Dec 31, 2019) | 311 (As on Nov 30, 2024) |
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Lunar's funding and investors
Lunar has raised a total funding of $649M over 11 rounds. Its first funding round was on Jul 13, 2015. Its latest funding round was a Series D round on Jan 27, 2026 for $54.6M. 2 investors participated in its latest round. Lunar has 22 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Lunar:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 27, 2026 | $54.6M | Series D | - | - | - | |
May 01, 2024 | $25.8M | Series D | - | - | - | - |
Sep 11, 2022 | $69.5M | Series D | $1.32B | - | - |
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Lunar's founders and board of directors
Founder? Claim ProfileThe founders of Lunar are Ken Villum Klausen and Peter Andreasen. Ken Villum Klausen is the CEO of Lunar.
Here are the details of Lunar's key team members:
- Ken Villum Klausen: Co-Founder & CEO of Lunar and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Peter Andreasen: CIO & Co-founder of Lunar and founder of 1 other company. They serve on the board of 1 company.
Lunar's Board of Directors
Lunar's board has 5 active members. Ken Villum Klausen and Gary Bramall are part of team and Lars Andersen, Tuva Palm and Henning Kruse Petersen are independent board members.Here is the list of Lunar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 3m | |
Team | - | Current | 9y 4m | |
Independent board member | - | Current | 9y 6m | |
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m |
View details of Lunar's Founder profiles and Board Members
Lunar's employee count trend
Lunar has 619 employees as of Aug 26. Here is Lunar's employee count trend over the years:
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Lunar's Competitors and alternates
Top competitors of Lunar include Nubank, Chime and Mercury. Here is the list of Top 10 competitors of Lunar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 89/100 | ||
2nd |  Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 83/100 | |
3rd | Mercury 2017, San Francisco (United States), Series D | Provider of a comprehensive online platform offering a range of financial services | $546M | 83/100 | |
4th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 83/100 | |
5th | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including personal and business accounts | $1.01B | 83/100 | |
6th | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 82/100 | |
7th | Provider of business account, payment cards, and financial management solutions | $717M | 82/100 | ||
8th | BlueVine 2013, Redwood City (United States), Acquired | Provider of business checking accounts, business loans, and business credit cards | $288M | 82/100 | |
9th |  Monzo 2015, United Kingdom, Series I | Provider of digital banking services including accounts savings and credit | $2.37B | 82/100 | |
10th | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 81/100 | |
15th | Digital banking platform offering personal and business accounts, cards, savings, investing, and budgeting tools | $649M | 78/100 |
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Lunar's Investments and acquisitions
Lunar has acquired 3 companies including Instabank, Paylike and Paylike. Lunar has not made any investments as of now.Here is the list of its acquisitions:
Reports related to Lunar
Here is the latest report on Lunar's sector:
News related to Lunar
Filter this listMedia has covered Lunar for a total of 7 events in the last 1 year, 3 of them have been about partnerships and 1 about people movement.
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Lunar and Spiris Partner to Automate Bank Reconciliation for Swedish SMEsIT Finans•Jun 18, 2026•Spiris, Lunar
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Visa and Paythru Launch EV ‘Fleet Wallet’ Compatible with All UK ChargersFleetworld•Mar 19, 2026•Paythru, Visa, Lunar
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Lunar Teams Up with Wolt on Subscription Benefit ExpansionThe Fintech Times•Feb 20, 2026•Lunar, Wolt
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Nordic Challenger Bank Lunar Secures €46M to Expand Business Customer BaseStartup Rise EU•Jan 28, 2026•Orbit Ventures, Lunar, Heartland Ventures, and 1 other
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Nordic Challenger Bank Lunar Secures MiCA License for Digital Assets ServicesCrowdfund Insider•Oct 16, 2025•Lunar
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Lunar to start Visa card processing with Pismo's platform
The Paypers•Jun 19, 2025•Visa, Lunar, Pismo
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Wise Platform Partners With Lunar, Expanding Into the NordicsFintech Finance•Jun 18, 2025•Lunar, Wise
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Lunar Reaches 1 Million-User Milestone – Highlights Continuous Demand for Digital FinanceFintech Finance•Mar 18, 2025•Lunar
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