Features, Benefits and How it Works
Lunar is a Scandinavian neobank that offers a comprehensive suite of digital banking services, primarily targeting individual consumers and small businesses in Denmark, Sweden, and Norway.
Founded in 2015, Lunar has grown into one of the leading fintech companies in the region, leveraging its sleek mobile-first platform to deliver a modern and user-friendly banking experience. Unlike traditional banks, Lunar operates entirely online, allowing users to open accounts, manage finances, and access various financial services without ever visiting a physical branch.
Moreover, the core of Lunar’s offering is its digital bank account, which can be opened in minutes and comes with a range of features such as spending analytics, savings tools, and customizable debit cards. Users can track their expenses in real-time, set up savings goals, and receive insights into their financial habits, all designed to promote better financial well-being. Lunar also offers additional premium tiers that unlock more features, such as insurance products, higher interest rates on savings, and enhanced customer support.
For small businesses, Lunar provides digital accounts with integrated invoicing, expense management, and other tools designed to streamline financial operations. Entrepreneurs can use Lunar’s services to manage cash flow, handle accounting tasks, and gain insights into their business finances, all from a single platform. The neobank’s commitment to transparency, with no hidden fees or complex pricing structures, has resonated with users who prefer straightforward and accessible financial products.
In recent years, Lunar has expanded its offerings to include investment and credit products, allowing users to trade stocks, invest in ETFs, or take out personal loans directly from the app. By continuously adding new features and expanding its ecosystem, Lunar is positioning itself as an all-in-one financial platform for consumers and businesses alike, blending the convenience of digital banking with the innovation and agility of fintech.
Founded: 2015
Headquarters: Copenhagen, Denmark
Users: +900,000 thousand
Countries available: Denmark, Sweden and Norway
Account plans: 4 plan options for personal users and 3 options for businesses