About Lune

Lune provides an API that enriches raw transaction data by categorizing transactions, linking them to brand names, and estimating their carbon footprints, enabling financial institutions to gain actionable insights into user spending habits. This technology addresses the challenge of interpreting complex financial data, enhancing user engagement and promoting sustainable financial practices.

```xml <problem> Financial institutions struggle to derive actionable insights from raw transaction data due to its complexity and lack of categorization. This makes it difficult to understand user spending habits, personalize financial services, and promote sustainable financial practices. </problem> <solution> Lune provides an API that enriches raw transaction data by categorizing transactions into intuitive categories and sub-categories, linking them to brand names and logos, and estimating their carbon footprints. This enables financial institutions to gain a deeper understanding of their users' spending habits, provide clear spending insights, and promote sustainable financial approaches. The API works in real-time, enriching transaction data within seconds, and offers a plug-and-play integration for easy deployment. By leveraging Lune's technology, financial institutions can offer in-app budgeting, expense tracking, and saving tools, as well as smart nudges to boost user engagement and cross-selling. </solution> <features> - Transaction categorization into intuitive, easy-to-understand categories and sub-categories - Brand name and logo enrichment for quick and easy identification of merchants - Carbon footprint estimation for each transaction to promote sustainable financial practices - PDF enrichment to leverage alternative data sources such as transportation and transfers - Real-time data enrichment within seconds of a transaction - Plug & play API for easy integration - Bank-grade TLS encryption technology to ensure security and privacy - Insights dashboard providing comprehensive analytics on user spending patterns </features> <target_audience> Lune primarily targets banks, fintech companies, and other financial institutions seeking to enhance user engagement, gain deeper insights into customer spending, and promote sustainable financial practices. </target_audience> ```

What does Lune do?

Where is Lune located?

Lune is based in Dubai, United Arab Emirates.

When was Lune founded?

Lune was founded in 2020.

How much funding has Lune raised?

Lune has raised 2690000.

Location

Dubai, United Arab Emirates

Founded

2020

Funding

2690000

Employees

30 employees

Major Investors

Dubai Future District Fund

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Lune

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Executive Summary

lunedata.io 3K+

Crunchbase

Founded 2020 – Dubai, United Arab Emirates

Funding

Estimated Funding

$2M+

Major Investors

Dubai Future District Fund

Team (30+)

No team information available.

Company Description

Problem

Financial institutions struggle to derive actionable insights from raw transaction data due to its complexity and lack of categorization. This makes it difficult to understand user spending habits, personalize financial services, and promote sustainable financial practices.

Solution

Lune provides an API that enriches raw transaction data by categorizing transactions into intuitive categories and sub-categories, linking them to brand names and logos, and estimating their carbon footprints. This enables financial institutions to gain a deeper understanding of their users' spending habits, provide clear spending insights, and promote sustainable financial approaches. The API works in real-time, enriching transaction data within seconds, and offers a plug-and-play integration for easy deployment. By leveraging Lune's technology, financial institutions can offer in-app budgeting, expense tracking, and saving tools, as well as smart nudges to boost user engagement and cross-selling.

Features

Transaction categorization into intuitive, easy-to-understand categories and sub-categories

Brand name and logo enrichment for quick and easy identification of merchants

Carbon footprint estimation for each transaction to promote sustainable financial practices

PDF enrichment to leverage alternative data sources such as transportation and transfers

Real-time data enrichment within seconds of a transaction

Plug & play API for easy integration

Bank-grade TLS encryption technology to ensure security and privacy

Insights dashboard providing comprehensive analytics on user spending patterns

Target Audience

Lune primarily targets banks, fintech companies, and other financial institutions seeking to enhance user engagement, gain deeper insights into customer spending, and promote sustainable financial practices.