Lunar
Nordic neobank (DK/SE/NO).
- Who holds it
- The company itself — it holds a full banking licence — Danish banking license.
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Lunar’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| AI | AI assistant as the interface |
| HQ | Aarhus, DK |
| Founded | 2015 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Danish banking license |
| Card | Visa · Debit |
| Yield | ~3-4% (tiers) |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
| Countries | Denmark, Sweden, Norway |
| Founders | Ken Villum Klausen |
| Funding | ~$500M raised |
Verified links: official site ↗ · privacy ↗ · @lunar ↗
Common questions about Lunar
What is Lunar?
Lunar is a fiat neobank, headquartered in Aarhus, DK and founded in 2015. Your money is held custodially, so Lunar or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Danish banking license).
Does Lunar have a card, and where can you use it?
It issues a Visa debit card. It is available in 3 countries, across Europe.
Does Lunar require KYC?
Yes. Lunar requires identity verification (KYC) to open an account, as a licensed bank.
What does Lunar cost?
From the verified fields: yield ~3-4% (tiers). Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Lunar before relying on them.
Early investors
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
Lunar appears in
Neobanks that hold their own banking license (132) · Neobanks available in Europe (144) · Neobanks that issue a Visa card (182)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.