Lunar, the Danish neobank last year valued at $2.2B, raises $38M to shoot for the profitability moon

Lunar, a neobank out of Denmark, last year raised money at a $2.2 billion valuation from a splashy set of investors that included Heartland, Kinnevik, Tencent, IDC Ventures and comedian Will Ferrell, to fill out its ambition to build a financial “super app.” Times being tough for startups right now, Lunar has raised yet again, but with a more modest goal: to “shorten the path to profitability.”
The startup announced today that it has closed a round of €35 million (around $38 million at today’s rates), money that it will be using to sharpen its product and its prof

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