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Finance

Nordic Fintech Lunar Raises $77M, Builds Crypto Trading Platform

Users will be able to trade bitcoin, ether, DOGE, ADA and DOT.

By Jamie Crawley
AccessTimeIconMar 10, 2022 at 12:55 p.m. UTC
Updated May 11, 2023 at 6:00 p.m. UTC
(Shutterstock)

Nordic neobank Lunar raised $77 million at a $2 billion valuation and unveiled a crypto trading platform.

  • Users are able to trade bitcoin (BTC), ether (ETH), DOGE, ADA and DOT at the platform's launch.
  • Lunar's aim is to make crypto trading "hassle-free" for Nordic customers, the firm said Thursday. Where users would currently have an account with a crypto exchange separate from their bank account, Lunar is looking to offer banking and crypto under one roof.
  • The Aarhus, Denmark-based fintech already offers checking accounts, loans and borrowing services, investments in stocks and funds and business accounts for small and medium enterprises.
  • The $77 million funding round is an extension of Lunar's $232 million Series D from July last year, which gave the company unicorn status.
  • The firm last month unveiled actor Will Ferrell as an investor. Lunar also developed a promotional video featuring the Anchorman and Elf star.
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    Jamie Crawley
    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Follow @JamieCrawleyCD on Twitter
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