“We see the Pluto, Lunar dynamic like N26 and Trade Republic”, says Pluto boss

The CEO and co-founder of a new Danish investment app has likened the dynamic between his Y-Combinator-backed Pluto.markets and fellow Danish fintech Lunar to that of German trading app Trade Republic and German neobank N26.

Joakim Bruchmann, CEO & co-founder, Pluto.markets, was speaking on the Tech.eu podcast along with Ken Villum Klausen, the founder and CEO of Danish challenger bank Lunar.

The two executives discussed Denmark as a startup ecosystem, some of the country’s virtues and the challenges of being headquartered in a country with a population of just under six million.

Lunar has over 950,000 banking customers across the Nordics and was last valued at around $2.2 billion.

Pluto.markets was founded in 2021 by Bruchmann, a former base metals trader at Goldman Sachs and Oscar Vingtoft,…

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