# Lightyear Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightyear-financial

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.ilghtyear.com/
- Total disclosed funding: $57M
- Latest round: Series B (Apr 15, 2025)
- Investors on record: 8

## About

Lightyear Financial Ltd, based in the UK, operates as a licensed investment firm offering a comprehensive investment app tailored for individual investors, facilitating access to a wide range of financial instruments without hidden fees.Lightyear Financial Ltd is a London-based investment firm founded in 2020. The company focuses on providing a user-friendly investment platform for individual investors. In July 2025, Lightyear Financial Ltd raised USD 23 million in series B funding led by new investor NordicNinja VC, with participation from other new investors Superangel and Specialist VC. Returning investors Lightspeed Venture Partners, Metaplanet Holdings, and Skaala also participated in the round. The founder, Mihkel Aamer, has extensive experience in the financial sector, although details on other companies he may have founded are not available.Lightyear is a licensed investment firm that offers an innovative investing app, providing access to a diverse range of over 5,000 stocks, ETFs, and money market funds (MMFs). The platform is designed to cater to individual investors by eliminating execution, custody, and foreign exchange (FX) fees, simplifying the investment process. Lightyear's core offerings include a user-friendly interface for trading and managing investments in various currencies, such as EUR, GBP, and USD, with a focus on transparency and efficiency. Customers can earn interest on their uninvested cash and through a separate savings balance that invests in BlackRock’s money market funds, which is notable for its liquidity and competitive APY rates. The firm targets individual investors across Europe and the UK, facilitating financial market access while ensuring the protection of customer assets through stringent regulatory compliance and partnerships with authorized custodians.Lightyear generates revenue primarily through its investment services, which are structured to provide a frictionless experience for users engaging with the financial markets. The firm operates on a model that prioritizes customer-centric pricing, with no hidden fees, thus attracting a diverse client base of individual investors looking for a straightforward investment solution. Specific pricing plans for investment services are undisclosed, but the platform offers a transparent structure that supports direct-to-consumer engagement. Revenue generation is supported by the interest earned on customer cash holdings and the management of investment funds. The firm’s partnerships with regulated entities, such as Alpaca for U.S. securities, further enhance the robustness of its business model without compromising client asset safety. The company plans to utilize the July 2025 funding to expand in Europe, beginning with Denmark, Sweden, and Bulgaria.

## Funding rounds

- Series B, Apr 15, 2025, $22M — Lightspeed Venture Partners, Superangel, Specialist VC, NordicNinja VC, Metaplanet Holdings, Skaala
- Series A, Apr 11, 2022, $25M — Lightspeed Venture Partners, Mosaic Ventures, Metaplanet Holdings, Virgin, Skaala
- Seed, Jul 1, 2021, $8.3M — Mosaic Ventures, Metaplanet Holdings, Skaala
- Seed, Nov 5, 2020, $1.5M — Skaala

## Investors

- Skaala (https://capitalatlas.ai/funds/skaala) — Seed, Series A, Series B
- Mosaic Ventures (https://capitalatlas.ai/funds/mosaic-ventures) — Seed, Series A
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Seed, Series A, Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B
- Virgin (https://capitalatlas.ai/funds/virgin) — Series A
- Superangel (https://capitalatlas.ai/funds/superangel) — Series B
- Specialist VC (https://capitalatlas.ai/funds/specialist-vc) — Series B
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Series B