Lightyear Raises $23mm, Hits $1b Assets on Platform
- Kendrick Wakeman, CFA
- Jul 28
- 1 min read
Lightyear, a pan-European self directed trading platform, announced that they raised $23 million in a Series B round. It was lead by newcomer NordicNija with Superangel and SpecialistVC. Also participating were existing investors Lightspeed , Metaplanet, and Skaala, amongst others.
The announcement came with a few updates on the platform. One, they are now at $1b of assets on platform across 25 countries. They are also launching AI tools to help investors and traders, namely (in their words):
Why Did It Move? – Tap on a chart, and instantly see a summary of what drove that spike or drop in price.
Bulls Say / Bears Say – Balanced, trustworthy summaries of the for and against cases for an investment, using credible sources.
Lightning Updates – Bite-sized updates on the instruments you hold and watch, the macro environment, and market sentiment.
We continue to track the theme of Self-Directed Trading as Lead Gen both in the US and Europe. We suspect that may be the direction Lightyear is heading, eventually. For more information on our Self-Directed Trading as Lead Gen theme or any of our other major thoughts on the WealthTech space, see our themes piece: WealthTech Themes for the Next 5 Years.
