Tag: Lunar

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

The last two weeks have seen everything from huge $1bn investments rounds to undisclosed seed rounds. Let's check some of them out.

Challenger banks in the Nordics are on the rise with Danish Lunar being the latest neobank to fill its coffers.

Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).

Neobanks in the Nordics may have had a slow start, but things may soon be about to change.