April 03 - 11:04
Lunar banks another $20 million
Challenger bank Lunar has raised a further $20 million in its Series B funding round. The Nordic firm launched its mobile-only bank last month after being granted a full European licence. It claims to have more than 150,000 users locally. The Series B total is now $46 million having been supported by Seed Capital and others. Former Monzo product chief Ole Mahrt is also joining Lunar as a director.
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