Danish neobank Lunar will open up its banking and payments infrastructure to partner firms, starting with Swedish paytech Trustly, allowing them access to cross-border payments and clearing in the Nordics.
Facts
- Lunar has decided to open up its Nordic payment infrastructure to partner firms due to strong demand from national and international payment players.
- Lunar holds clearing permits in Norway, Denmark, and Sweden, enabling it to offer access to cross-border payments and clearing in the Nordics to third parties.
- Lunar’s first partnership is with Trustly, a Swedish paytech company.
- Through a single API integration, Lunar will provide Trustly with access to its infrastructure, allowing Trustly to offer instant payments in local currency.
- The initial rollout of the integration between Lunar and Trustly will take place in Denmark.
- The partnership between Lunar and Trustly intends to extend its coverage to the entire Nordic region.
- Sandra Sennerlöv, VP of banking relations and partnerships at Trustly, states that collaborating with Lunar enhances Trustly’s account-to-account payment offering in Denmark, as Lunar’s API-based offering aligns well with Trustly’s payments platform.
