With their multi-currency accounts, where you can add, hold and invest in different currencies, Lightyear seamlessly bridges the gaps between international markets for customers. Traditionally, if investors in Europe want access to international markets they are hit with transaction and custody fees, but most notably, hidden foreign exchange fees. Lightyear was founded by ex-Wise duo Martin Sokk and Mihkel Aamer to bring a global mindset to the European investment world. Countries part of this first European rollout include Ireland, the Baltics and most of Western Europe such as Spain, Germany, Italy, Portugal, Netherlands and France. The European launch today enables customers from 19 different countries to now access thousands of US and European stocks in addition to Exchange Traded Funds (ETFs). Lightyear combines multi-currency accounts with unlimited access to global markets so customers can invest freely without hidden fees. The fresh funding comes at the same time as Lightyear’s expansion into 19 European markets, just nine months after it launched in the UK. Joining Lightspeed in this new investment round is the Virgin Group – an organisation which champions driving positive change through new technologies and joins the Series A as an investor. The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the round alongside a number of new and existing angel investors. Today, new investment platform Lightyear announces a $25M Series A equity round led by Lightspeed Venture Partners. Moving at Lightspeed: from today, Lightyear launches into 19 new countries just nine months after the UK, making it the first neobroker to unlock most of Europe in one move.The company announces a $25M Series A led by Silicon Valley based venture capital firm Lightspeed, with the Virgin Group also participating. Lightyear, founded by ex-Wise duo Martin Sokk and Mihkel Aamer, combines multi-currency accounts with unlimited access to global markets so customers can invest without hidden fees.
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