Moonrise Launches Instant Payments in Norway, Unifying Nordic Markets

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Moonrise Launches Instant Payments in Norway, Unifying Nordic Markets

An old Swedish 1000 Kronor banknote from 1920 featuring a woman's portrait, with numbers, text, and a signature.
Alex Duffy
Alex Duffy
2 Min.

Moonrise Launches Instant Payments in Norway, Unifying Nordic Markets

Moonrise by Lunar has launched instant payments in Norway, marking a significant step for real-time financial transactions in the region. The move simplifies a process that was previously complex for realtors and payment providers. With this expansion, the company now offers a unified solution across all three major Nordic markets.

Historically, Norway's real-time clearing system has posed challenges for businesses due to its fragmented infrastructure. Moonrise now enables partners to send and receive Norwegian Krone (NOK) instantly through the NICS Real network. This follows the company's earlier success in Sweden and Denmark, where it already provided similar services.

The platform stands out as the only provider offering a single API integration for all three Nordic instant payment systems. It also supports local virtual accounts (vBBANs), allowing realtors to deliver a fully domestic payment experience. Beyond the Nordics, Moonrise extends its reach to five additional European countries, including Germany, the Netherlands, Belgium, Poland, and the UK.

Nanna Bergman, General Manager at Moonrise, highlighted that the launch creates a true one-stop shop for real-time payments across the region. The platform is designed to serve electronic money institutions (EMIs), payment service providers (PSPs), and banks aiming to grow in the Nordics. Its infrastructure promises faster onboarding, fewer dependencies, and scalable solutions for payment processing.

The launch strengthens Moonrise's role as a key banking partner for companies scaling payments in the Nordics. Businesses can now access a streamlined API for instant transactions across Norway, Sweden, and Denmark. This development also expands the company's footprint into broader European markets.