Lune Technologies Company Report
Company Overview
Name:
Lune Technologies
Mission:
Building the future of MENA's financial services industry through data driven insights.
Founded:
No information is available.
Founders:
No information is available.
Key People:
Helal Tariq Lootah – Co-Founder and Co-CEO
Headquarters:
Unit 208, 209 - Level 1 Gate Avenue South Zone - DIFC, Dubai, UAE
Number of Employees:
No information is available.
Revenue:
No information is available.
What the Company is Known For:
Lune Technologies is known for its advanced transaction data enrichment and financial data analytics, which empower banks, fintechs, and retailers to unlock the full potential of their data by transforming complex transaction data into actionable insights.
Products
1. Transaction Data Enrichment
High-Level Description: API that converts raw transaction data into enriched insights.
Key Features:
- Transaction Categorization: Classifies transactions into easy-to-understand categories.
- Sub-Categorization: Offers more specific transaction classification.
- Brand Name: Links transactions to brand names.
- Brand Logo: Adds logos to transactions.
- Carbon Footprint: Estimates the carbon footprint of each transaction.
- PDF Enrichment: Enhances third-party data for deeper insights.
2. Money Management
High-Level Description: An SDK offering in-app tools for budgeting, expense tracking, and saving.
Key Features:
- Expense Management: Allows users to create and track personalized budgets.
- Cash Flow Management: Users can monitor their cash flow for better decision making.
- Spending Tracking: Detects unusual spending activities.
- Goal Setting: Users can set financial targets.
- Financial Analysis: Provides insights into users' financial habits.
3. Lune Insights
High-Level Description: A dashboard providing comprehensive user spending analytics.
Key Features:
- Spending Pattern Tracking: Understand user financial habits.
- Market Trends Prediction: Anticipate market trends.
- Actionable Insights: Aids in strategic planning.
- Spending Categorization: Detailed transaction categorization.
- Subscription Tracking: Identifies recurring payments.
Recent Developments
New Launches:
- May 2023: Major product updates were released with enhanced data analytics and transaction enrichment solutions.
Partnerships:
- Jul 2023: Partnered with Simplifi for a card issuing collaboration in MEA.
Certifications:
- Feb 2024: Achieved ISO 27001 certification.
Awards:
- Dec 2023: Recognized as the 'Best Tech Solution for Banking' at Entrepreneur Tech Innovation Awards 2023.
- Dec 2023: Selected as a Future 100 company by the UAE Ministry of Economy for impactful contributions to the financial services sector.
Funding:
- May 2024: Announced closing a $1.5 million seed funding round.
For more details about specific services, careers, or investments, please visit [Lune Technologies](https://lunedata.io).
