European investment app Lightyear completes $23 million financing, led by NordicNinja

ChainCatcher news, according to CNBC, the European investment app Lightyear announced that it has raised $23 million in a funding round led by NordicNinja, with participation from Estonian tech entrepreneurs including Bolt co-founder Markus Villig.

Lightyear, headquartered in London, has developed an app that allows users to invest in over 5,000 stocks, exchange-traded funds (ETFs), and money market funds. Additionally, Lightyear plans to launch new artificial intelligence features. The company aims to become the European version of Robinhood, entering the commission-free trading market.

According to insiders, after this funding round, Lightyear's valuation reached between $200 million and $300 million, significantly up from its valuation during the 2022 funding round.