Nordic challenger Lunar targets entry-level investors

Nordic challenger Lunar targets entry-level investors

Lunar has set its stock trading feature live, after having joined forces with investment specialist Saxo Bank.

The Nordic challenger bank will allow users to invest in over 300 of the most traded European and US listed stocks with no maximum funding required and buy and sell a share at its current market value in real-time.

In addition to this, the formerly named Lunar Way will go to market with a flat fee of 2.5 euro per trade for Danish users after a free trading period of four weeks and no annual custody fee involved.

In August 2019, Lunar raised €26 million in fresh capital and was granted a full European banking licence by the Danish Financial Supervisory Authority.

Today, Lunar has over 130.000 users operating in Denmark, Norway and Sweden and 120 employees in the Nordics.

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