The Nykredit-backed digital banking service has expanded its series B round to $50.4m after collecting $21.8m in an extension led by Seed Capital.
Lunar, a Denmark-based mobile bank backed by financial services provider Nykredit, has increased its series B round to $50.4m following a €20m ($21.8m) extension, TechCrunch has reported.
Venture capital fund Seed Capital led the extension, which included Greyhound Capital, Socii Capital, Augustinus and David Helgason, the founder of 3D content development platform Unity Technologies. The $28.6m first tranche was led by Seed Capital in August 2019.
Formerly known as Lunar Way, Lunar operates a mobile banking app with more…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
