Lightyear completes $23 million financing, plans to enter the crypto products market

According to news from Hash World Chain, European investment application Lightyear has announced the completion of a new round of financing of $23 million, led by NordicNinja, with Bolt co-founder Markus Villig participating in the follow-up investment. The investment lineup also includes Estonian tech figures such as Wise co-founder Taavet Hinrikus and former Checkout.com CTO Ott Kaukver. According to informed sources, this round of financing has valued Lightyear at between $200 million and $300 million, a significant increase compared to its financing in 2022. Lightyear was founded in 2021 by former Wise employees Martin Sokk and Mihkel Aamer, and the company's application provides commission-free trading services for over 5,000 stocks, ETFs, and money market funds, currently covering 25 countries. Lightyear plans to create a 'European version of Robinhood' and aims to launch its own cryptocurrency products within the next two months.