European investment app Lightyear completes $23 million funding to launch its own crypto product
2025-07-24 06:13:22
According to CNBC, European investment app Lightyear announced the completion of a new round of financing of $23 million. NordicNinja led the investment, and Markus Villig, co-founder of ride-hailing giant Bolt, joined the investment. Other investors included Wise co-founder Taavet Hinrikus, Checkout.com former CTO Ott Kaukver and other Estonian technology people. According to people familiar with the matter, the valuation of Lightyear after this round of financing will reach 200 million to 300 million US dollars, which is a significant increase from the time of financing in 2022. Lightyear was founded in 2021 by former Wise employees Martin Sokk and Mihkel Aamer. Its app provides commission-free trading services for more than 5,000 stocks, ETFs and money market funds worldwide, and now covers 25 countries. The company is committed to building a "European version of Robinhood" and plans to launch its own cryptocurrency product within two months.
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