Lunar pro kort12/19/2023 ![]() ![]() He also talks about the hurdles that come with going vertical in terms of finding investors, how the banking license changed Lunar’s funding game, how we set ourselves apart and what we’re working in the months to come. In it, he talks about Lunar's reasons for going vertical when everyone else is going horizontal. Listen to ’s latest podcast where our founder and CEO Ken Villum Klausen is this weeks interview. □ And that’s why we’re going deep and vertical in the Nordics. Sure, you put your eggs in one basket, but you also have a chance of creating a real alternative to incumbents. ![]() The vertical approach is to go local, with specialized products for a specific target group. You also risk spreading yourself too thin, never truly gaining the ground needed to become a genuine alternative to incumbents. The more countries you launch in, the more regulatory hurdles you have to overcome. Because the business model getting as many customers as possible to increase payments revenue, and offer add-ons makes sense. Competitive pricing and expert assistance to get you fundraise ready and confident.The approach for many neobanks has been to go global. What do you think about the deck? What’s your favorite part of it? Pitch deck review summary Lunar pitch deck Slide by slide review These numbers look a little wonky around series-b. So instead, the company had a “Zoom party” on Friday, including a surprise call-in from a famous Danish singer. In this paper we investigate the consequences. Unfortunately, Klausen hasn’t been able to celebrate in person with his team due to the lockdown. At the second and the third stages of our discussion, we will consider two specific pro. Separately, Ole Mahrt, Monzo’s former head of product, will also join Lunar on its board of directors. For example, venture debt or community fundraising (crowdfunding).Ī key feature of the round includes welcoming in two new investors. And if you need to, look for alternative ways to raise capital. Without giving you our valuation (!), we did not pursue the inflated fintech prices we see today. For us, that meant exclusively pursuing a regional play and only targeting the Nordics instead of going for international expansion. With Lunar, even small investors have known what is happening at an operational level. Have strong, ongoing dialogues with your investors early on.Now on the other side of the raise, he shares his top funding tips: “We were pretty confident we would get it down but the markets are drying up,” he tells Sifted. Lunar’s chief executive Ke n Villum Klausen makes no secret of the relief it’s been to close the latest round. The company recently secured its local bank license and will soon begin to offer loans and other financial products to its 150,000 users in the Nordics. Det er også første gang i mit liv, jeg skriver en anmeldelse på trustpilot. ![]() ![]() Lunar har gode kundefordele, en lækker app, samt en overskuelig tilgang til økonomi, der motiverer mig til at gå mere op i min egen. Its plan is to take banking in the country from “pretty good” to “much, much better.” Takket være Lunar, er økonomi nærmest blevet min nye hobby også det at spare. The Copenhagen, Hovedstaden-based company was founded in 2015 by Ken Villum Klausen.įor those unfamiliar with Lunar, it is a pan-Nordic digital bank founded in 2015 in Denmark, the world’s most profitable banking scene. It has offices in Aarhus, Copenhagen, Stockholm, and Oslo, with a headcount of more than 180 employees. Up to date, the company has raised €104 million from investors including Seed Capital, Greyhound Capital, Socii Capital and Chr. Lunar aims to roll out full personal and business banking operations and strive towards profitability in profitable banking markets. The company also operates a banking license and launched a challenger bank providing free accounts and a subscription-based service called Lunar Premium. It provides a range of financial services including insurance, savings, budgets, loans, and investments via a mobile application. Lunar is a digital challenger bank that offers a mobile-based banking app that helps consumers control their personal finances. This is the Lunar pitch deck to raise a $24m series-b in 2020. ![]()
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