Paylike is a Danish-based payment platform, which offers consumers and businesses fast, easy and secure payments, which makes it simpler and faster to receive payments. With the acquisition of Paylike, Lunar expands its level of business beyond banking to the defensive infrastructure by being the first of its kind in the Nordic market to own a two-sided marketplace for payment connecting consumers and businesses.
In a press release Ken Villum Klausen, founder and CEO of Lunar, said: "The new level of the business is moving Lunar beyond banking and is tailored to the defensive Nordic infrastructure. Building a two-sided marketplace for payments connecting consumers and businesses will make life easier for everyone. Payments will be at the forefront of our next growth phase."
Today more than 50% of all newly started businesses apply for a business account in Lunar’s home market.
We are happy to have assisted Lunar with the legal advising through the transaction.