back Back

Lunar picks open banking platform Nordic API Gateway to leverage PSD2

By Edil Corneille

August 21, 2020

  • Europe
  • Lunar Bank

Nordic API GatewayOpen banking platform Nordic API Gateway announced the addition of challenger bank Lunar to its list of Nordic banks already taking advantage of the open banking technology to create value-added, multi-banking features. The partnership is said to enable Lunar to take an important step in becoming the primary banking interface for more than 170,000 users.

In the coming months, Lunar is set to activate multi-banking features and enable payments across Denmark, Sweden, and Norway with Nordic API Gateway. As a result, Lunar is said to become one of the first Danish banks with a fully functional combination of both account aggregation and payment initiation.

Joachim Strøjer Hansen, CPO of Lunar apprised, “We have a strong ambition to create a financial super app to let our users manage all their finances across banks in one place and become the go-to interface for handling everything related to our users’ financial life. To deliver the future of banking services, we’re creating a digital banking experience that is second to none and we are excited to work with Nordic API Gateway especially to offer payment initiation for our users. They bring extremely high quality and have proven high deliverance in a wide range of Nordic financial services.”

The open banking partnership with Nordic API Gateway supports Lunar’s ambitions of creating a ‘financial super app’ for its rapidly growing customer base across the Nordics. By utilising Nordic API Gateway’s account aggregation and payment initiation services, the challenger bank will be able to provide customers with actionable open banking features that will allow them to not only view but also move money between accounts, as well as pay bills from accounts from other banks, in one app.

Rune Mai, CEO & Founder of Nordic API Gateway enthused, “We’re very happy to see that Lunar is taking its next step in the open banking journey with Nordic API Gateway. By leveraging open banking with our platform, Lunar will be able to fulfil their ambitious Nordic plans and create value with the best open banking capabilities the Nordics have to offer. We’re heavily focused on empowering Lunar on its journey to becoming the preferred banking choice by letting their customers experience the true value of open banking.”

The partnership will soon be pushed live to all Lunar customers in Denmark, with Sweden and Norway to follow.

ALSO, READ: Open Banking creates better Financial Services; Are Banks and FinTechs ready?

Previous Article

August 21, 2020

Crypto lender BlockFi raises $50 mn in Series C funding

Read More
Next Article

August 21, 2020

Skience appoints Marc R. Butler as President & Chief Operating Officer

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024


Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Ajman Transport Authority & BPC digitize payments for UAE commuters

Read More


JTL-Software and Mollie partner on e-commerce payments

Read More


Slope raises $65m in equity and debt funding from J.P. Morgan & others

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024