Lunar Unveils Moonrise
Lunar, the Nordic challenger bank, has announced the transition of its Banking Services division into a standalone entity named Moonrise. This strategic move aims to revolutionize enterprise payments across Denmark, Norway, and Sweden, while scaling Lunar’s Banking-as-a-Service (BaaS) operations in the growing European market, projected to reach €100 billion by 2030.
Building on Lunar’s robust infrastructure, which processes over 10,000 transactions daily and supports a €5 billion annual transaction volume, Moonrise will streamline financial connectivity for fintechs and payment businesses through a single API. Key partnerships with companies like Trustly, TrueLayer, and Currencycloud already highlight its potential.
“Moonrise represents a transformative step in meeting the demand for scalable, innovative enterprise payment solutions,” said Lunar CEO Ken Villum Klausen. “By creating a dedicated entity, we can accelerate innovation, open the Nordic market to international fintechs, and reshape the region’s financial ecosystem.”
Moonrise aims to challenge legacy institutions, foster competition, and redefine consumer expectations, setting the stage for a dynamic financial future in the Nordics.