Lunar Way and Tink to the moon and back for payments
Danish fintech Lunar Way has partnered with Swedish fintech Tink to use the latter’s API platform to provide customers with an overview of their finances and initiate payments through the Lunar Way app.
The people in the laptops are, as you probably suspected, working from the moon
At the end of last year, Lunar received an account information service provider (AISP) licence and a payment initiation service provider (PISP) licence, the first fintech company in Denmark to do so.
These licences commit banks to allow companies like Lunar Way to build new financial services on top of their data and infrastructure for the benefit of the users.
The partnership with Tink is aimed at accelerating this process, the firm says, making the most of its new licences.
Lunar Way says that Tink’s entrepreneurial mindset and approach to the financial market are much like its own, which motivated the partnership.
Just under a month ago, Lunar Way received €13 million in funding to expand throughout the Nordics.
A few days before that, Tink was the one receiving a whopping €56 million to establish itself in Europe.
