Denmark's fintech startup Lunar Way scores $29 mln in new financing

08/21/2019 11:45:00 AM (GMT)

Danish mobile banking app developer Lunar Way has raised 26 million euros ($29 million) in a fresh financing round.

The startup received the new capital from Danish seed-stage venture capital fund SEED Capital.

Lunar Way plans to use the new funds to accelerate the development of its new Nordic bank and its growth in the Danish, Swedish and Norwegian markets.

Annually, Lunar Way generates around $2 million in revenue.

Lunar Way A/S

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