Nordic challenger bank Lunar launches business bank accounts for SMEs and freelancers
Summary
Using its neat tools and sleek card, users can save, spend, invest, get loans and insurance under its roof. So far, the fintech has won more than 175,000 users in the Nordics, offices in Aarhus, Copenhagen, Stockholm and Oslo and has built its team to a comfortable +150 employees. In a comment founder and CEO Ken Villum Klausen said: “There is a huge appetite for business accounts, and our ambition is to move up in segments fast. Charging an annual fee will give us the opportunity to invest in more power features, explore own business loans and cater for larger companies as well. No doubt we will see more competition, but for now the defensive Nordic infrastructure requires a Business account that can be easily connected to the public payments setup.