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Wise Platform Partners With Lunar, Marking Expansion Into the Nordics
Wise Platform, Wise’s global payment infrastructure for banks and global organisations, today announces its partnership with Lunar, one of the leading digital banks in the Nordics to bring fast, secure and transparent international payments to over one million users across the region. The partnership builds on a successful relationship, with Wise already leveraging Moonrise, Lunar’s modern banking infrastructure platform, for seamless local clearing and payments across Scandinavia.
This next phase of the partnership brings Wise’s white-labelled solution to Lunar’s private and business users in Denmark, Sweden, and Norway, allowing them to send money abroad quickly, securely, in 40 currencies, within their app – in all at low cost. This experience is powered by Wise’s network that connects directly to 6 payment systems and 70+ licenses around the world, enabling 65% of transfers to arrive instantly – in 20 seconds or less*.
With this partnership, Lunar becomes Wise Platform’s first partner in the Nordics and one of the region’s leading digital banks to offer this experience.
Ken Villum Klausen, Founder and CEO at Lunar, said: “We’re happy to extend our collaboration with Wise by integrating their market-leading international payment infrastructure to facilitate faster and more transparent cross-border payments. This means our users can send money abroad easily, quickly, and at a fair exchange rate. It’s another step toward becoming the best everyday bank in the Nordics and a great example of how smart fintech partnerships can simplify banking for everyone.”
Manuel Sandhofer, General Manager, EMEA, Wise Platform, said: “Digital banks, like Lunar, are setting a new standard for what customers expect from their bank – speed, transparency and convenience. This is especially true when it comes to moving money across borders. At Wise Platform, our mission is to power this experience and we’re proud to be partnering with Lunar to enable seamless international payments for more people and businesses across the Nordics.”
Wise Platform’s partnership with Lunar highlights the rising demand for faster, more transparent alternatives to traditional cross-border correspondents and the trust digital banks place in Wise to deliver that to their users. Lunar joins a growing list of top-tier digital banks globally already using Wise Platform to power seamless international payments for their users.
The product is now available to customers in Denmark and will be rolled out across Sweden and Norway in the coming weeks.
*Transaction speed depends on individual circumstances and may not be available for all transactions.
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