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Nordic challenger bank Lunar raises €40M Series C, plans to enter the ‘buy now, pay later’ space

TechCrunch

Lunar , the Nordic challenger bank that started out life as a personal finance manager app (PFM) but acquired a full banking license in 2019, has raised €40 million in Series C funding from existing investors. Nordic challenger bank Lunar adds €20M to its Series B. Other giants in the BNPL space also include PayPal.

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Sweden-based digital bank Northmill raises $30M

TechCrunch

Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Founded nearly 15 years ago and originally operating as a credit provider, in 2019 Northmill secured a full banking license, regulated by the Swedish Financial Supervisory Authority.

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Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

Challenger banks have become, collectively, a force to be reckoned with in the world of financial services for consumers, and today one of the big players out of the Nordics — Lunar — is announcing growth funding along with two new services to continue filling out its ambition of providing a one-stop super app for its users.

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Daily Crunch: No-code fintech services startup Taktile closes $20M Series A round

TechCrunch

Sorry, Finland, we love you, honestly. That’s why today’s news from Bitpanda is an important signal for the Austrian unicorn company, which has received a crypto license from Germany’s financial regulator, Federal Financial Supervisory Authority (BaFin), reports Romain. Whoops — we updated the headline. That was yesterday.

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Sono Motors reveals final design of its solar-charging Sion EV

TechCrunch

Sono has had to combat a range of challenges since going public in November last year, from a plummeting stock price to switching manufacturing partners, and its path forward to production and delivery will likely continue to be bumpy given current market and supply chain uncertainty. The solar bus kit. kW at peak installation.

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Making sense of Klarna

TechCrunch

Siemiatkowski also shares what’s next for the company as it ventures further into the world of retail banking after gaining a bank license in 2017. The company expanded beyond Sweden to neighboring Nordic countries Norway, Finland and Denmark, with a headcount that had reached 120 employees.

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Xbox Series X and S: everything you need to know about the next-gen of Xbox

The Verge

They’re also both backwards compatible with all officially licensed Xbox One accessories like controllers and headsets — although there are no plans to support the Kinect camera. There are, however, big differences between the two. Game streaming’s future on iPhones is uncertain. For the Xbox Series X, that means paying $34.99

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