Danish Neobank Lunar Acquires Paylike and Rolls out One-Stop Checkout

The Danish digital bank Lunar, which serves more than 350,000 consumers and businesses across the Nordics, has announced recently the acquisition of the payment gateway Paylike, alongside the launch of Lunar Checkout, a seamless and secure account payment method for shopping online.

Paylike is a modern full-stack payment platform, operating across Europe and handles a >100m EUR transaction volume a year. The neobank plans to make online payments simpler and faster for both e-commerce entrepreneurs and consumers through the transaction. The addition enables Lunar to gain a gateway that will make it possible for Lunar’s business clients to receive payments from their customers without having to use an intermediary. 

Regarding the roll-out, Lunar utilizes the full potential of its banking license and in-depth knowledge of the customers. With Lunar Checkout, all users need to do for payments is type in her phone number and swipe to approve the payment without any additional information. 

“The new level of the business is moving Lunar beyond banking and is tailored to the defensive Nordic infrastructure. Building a two-sided marketplace for payments connecting consumers and businesses will make life easier for everyone. Payments will be at the forefront of our next growth phase,” said Ken Villum Klausen, founder and CEO of Lunar.

In July, Fazzaco reported that Lunar has secured €210 million in a Series D funding round​.