Nordic neobank Lunar has closed a Series D-2 extension round on $77m, alongside the launch of a new cryptocurrency service.
This funding round was raised at a $2bn valuation, according to a report from TechCrunch.
The deal is an extension to its Series D, which initially closed on €210m back in July 2021. Investors to the initial capital injection include Heartland, Kinnevik, Tencent and IDC Ventures.
While the investors were not revealed, Lunar recently announced that American actor Will Ferrell joined the company as an investor.
With the capital burst, the company hopes to continue its growth in the Nordics. As part of this effort, the bank revealed it will release a crypto trading platform and a B2B payments service for its small and medium business clients.
On the launch of the Lunar Crypto users will be able to buy and sell bitcoin, Ethereum, cardano, polkadot and doge.
It is also believed that Lunar is in the process of raising a Series E round, which would be at a higher valuation, according to TechCrunch.
The digital bank was founded in 2015 and claims to have over 400,000 users across Denmark, Sweden and Norway. It offers both business and personal banking accounts.
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