Current investors including GV, Lightspeed Venture Partners, and 20VC backed the round.
"We have been growing extremely quickly over the past year as thousands of people and businesses each day jump into electric vehicles desperate for an easy, simple way to charge up."
The London investment platform secured backing from Lightspeed Venture Partners, Virgin Group, and Richard Branson to fund its European expansion.
"Having lived and worked on both sides of the pond, I’ve seen first-hand the pain points for Europeans trying to access the financial markets as easily as their counterparts in the US. Lightyear is trying to fix this with a platform that customers not only love and trust, but one that understands the nuances between different regulations, languages, exchanges and cultural investing norms. There is no single neobroker offering products across the continent right now, and the potential is enormous. Martin and Mihkel have assembled an all-star team to achieve this goal, and we couldn’t be more excited to support them all on this journey."