Virgin Group alongside Seed Investors, Mosaic Ventures, Taavet+Sten and Metaplanet in the Series A raise.
In Brief:
Lightyear, launched 9 months ago, has secured a European license
Co-Founder, Martin Sokk, says the raise will be used to expand across the continent
One of the largest Series A raises in recent months during FinTech turmoil
What does this mean:
Lightyear allows users to invest in global markets, making investing easier for everyone. Richard Branson, who backed the London FinTech in the recent raise, said “Martin, Mihkel and the Lightyear team are lifting the lid on the world of investing – making it more transparent whilst empowering people through education – to choose the products which are right for them,”.
