Instabank

3 results about this entity

Period: 11 Sep 2017 - 09 Feb 2023

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Lunar raises €35 million despite tough economic conditions

Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability.

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Lunar offers €132 million to acquire Norway's Instabank

Nordic financial challenger Lunar has made a cash offer of €132m to acquire all shares of Norwegian digital bank Instabank.

Instabank deploys Provenir tech

Instabank, often dubbed a ‘Challenger Bank,’ is among a new breed of financial services that is taking hold of technology to meet the increasing demand for simplified, digital-first banking experience.