Helping Lunar to send money internationally with speed and simplicity

Established in August 2015, Lunar is a banking app that’s aiming to modernize the Danish banking sector, partnering with a bank to offer innovative products to users. Today, it provides accounts, VISA debit cards, overdraft facilities and MFX Mastercards, all based on a Spotify-like subscription model. Thereby offering consumers a modern, seamless application that removes the traditional burdens of high street banking.

Challenge

From the outset, Lunar set itself the goal of moving beyond typically archaic banking processes. Doing so by creating an accessible application for a generation that’s come to maturity in the age of Netflix and Snapchat.

To make this truly 21st century ambition a reality, Lunar had to team up with local banks around the world, who would be willing to help them get to market quickly and focus on innovating the customer experience of banking.

However, this resulted in a struggle to offer competitively-priced services that were on par with other Fintech alternatives. It was quickly evident that Lunar needed a partner that shared its vision for an easier and more transparent banking solution, and who would provide the app developers with more autonomy over their services.

This is when Currencycloud came in.

Results