The New Payment Frontier
In a strategic move, Nordic challenger bank Lunar and open banking pioneer TrueLayer have forged a partnership aimed at reshaping payment dynamics in Denmark, Norway, and Sweden. This collaboration marks a significant step in leveraging TrueLayer's instant payment capabilities within Lunar's robust payment infrastructure.
Unveiling TrueLayer's Nordic Ambitions
TrueLayer's integration with Lunar's payment infrastructure signifies a major milestone, making it the primary partner to harness Lunar's banking services. The agreement positions TrueLayer as an innovator, poised to pioneer advancements in payments across the Nordics.
Lunar's Vision for a Accessible Nordic Region
Lunar's CEO, Ken Villum Klausen, emphasizes the difficulty international banks and fintech companies face in entering the Nordics. However, with Lunar's open infrastructure, partners can navigate complexities, fostering innovation and competition in the region. Klausen highlights the investment made in delivering top-notch banking services, making the Nordics more accessible for global businesses.
TrueLayer's Bold Move in the Nordics
Paiak Vaid, TrueLayer's VP of Global Partnerships, envisions extending instant account-to-account capabilities in the Nordics. This partnership aims to eliminate access barriers for international merchants, providing digitally-forward consumers in the region with enhanced payment experiences.