Lightyear secures £16.9m Series B funding led by NordicNinja to expand across Europe
NordicNinja led the financing round alongside Lightspeed, Superangel, and several prominent angel investors.
Lightyear operates an international investment platform providing access to global markets for retail customers across Europe. The company combines multi currency accounts with fractional share trading and artificial intelligence tools.
Investment platform Lightyear has secured £16.9m in Series B funding to scale its operations across Europe. NordicNinja led the round, with participation from new and existing backers including Lightspeed Venture Partners, Superangel, SpecialistVC, Skaala, Metaplanet, and high profile angel investors. The fresh capital arrives as the firm hits £1bn in customer assets and introduces a suite of artificial intelligence market intelligence tools for retail investors.
The proceeds will fund the company expansion into new European jurisdictions, with Denmark, Sweden, and Bulgaria added to its coverage today. Lightyear currently operates across 25 markets supporting multiple languages and local tax wrappers.
From the founder
"This Series B round is a huge vote of confidence in the untapped potential of investing in Europe and Lightyear’s ability to make the difference. Driving meaningful progress in this market means removing barriers to entry and demystifying investing for ordinary people. That’s why we feel so strongly about our vision for AI and the future of investing. Europe is still a society of savers with completely independent tax systems, different regulations and complicated infrastructure – it’s definitely not a one-size-fits-all solution. We’re making huge leaps forward in our mission to enable 750 million Europeans to build meaningful wealth, so it’s an incredibly exciting time for the business right now."
Martin Sokk
Co-founder and CEO at Lightyear
Investor perspective
"We’re thrilled to continue to support Martin, Mihkel and the team at Lightyear. When we invested back in 2022, they were only available in the UK, and are in a rare group of companies who have expanded to service all of Europe, localising their product for 25 countries. Retail participation is still far behind the US and Lightyear are laying the foundations – with a delightful product and full stack infrastructure – to empower investors across the continent."
Nicole Quinn
Partner, Lightspeed
Use of funds
- 01Expand into international markets
Investors
NordicNinja
Nicole Quinn
Lightspeed
Superangel
Skaala
SpecialistVC
Metaplanet
Markus Villig
Taavet Hinrikus
Ott Kaukver
Jaan Tallinn
Categories
About the company
Lightyear
Lightyear provides a multi currency retail investment platform operating across European markets.