Lightyear's latest funding round boosts its valuation and paves the way for the introduction of a cryptocurrency product within two months.
Lightyear, a European investment app, has completed a $23 million funding round led by NordicNinja, elevating its valuation to between $200 million and $300 million. Founded in 2021 by former Wise employees, the app facilitates commission-free trading for over 5,000 stocks, ETFs, and money market funds across 25 countries. The company aims to create a 'European version of Robinhood' and plans to launch its cryptocurrency product within two months.