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- Lightyear: Invest in stocks
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4.5
Finance
- About Lightyear: A Beacon in the Investing World Lightyear is a user-friendly investing app that enables individuals and businesses in 22 European countries to access international stock markets and earn interest on uninvested cash. With the Lightyear Cash and Shares investing app, users can deposit, hold and invest their cash in shares in Euros, GBP and USD. The app is available for Android and iOS users and also provides a web platform for accessing stocks and shares. Key Features Low-cost access to international stock markets: Lightyear allows individuals and businesses in 22 European countries to invest in international stocks and shares at low cost. Multi-Currency Accounts: Users can open multi-currency accounts in EUR, GBP and USD and hold cash in these currencies. These accounts are free and users only pay FX fees when buying and selling in a specific currency. Earn interest on uninvested cash: Users’ cash not used for stock trading can earn interest, which changes with central bank interest rates. Fund and Stock Trading: Users can choose from over 3,500 international stocks and funds to invest in. They can also research stocks by symbol and create market watch lists. Security and Regulation: User’s assets (including cash and securities) are held in the name of the Client Asset Account. The assets are protected by the Estonian Investor Protection Unit Fund up to [ttpp] euros, while U.S. securities are protected by up to [yyxx] dollars. Company Background and Investments Lightyear was founded in [ttpp] by former Wise duo Martin Sokk and Mihkel Aamer. It received investment from Wise co-founder Taavet Hinrikus and has raised capital through multiple investment rounds, including a $25 million Series A led by Lightspeed. Conclusion Lightyear is a user-friendly investment platform that provides low-cost access to international stock markets. With features like multi-currency accounts, the ability to earn interest on uninvested cash, and a wide variety of stocks and funds to choose from, it offers convenience and flexibility to individuals and businesses. The application prioritizes user security and compliance with regulations to protect users' assets. Its successful investment rounds and partnerships with high-profile investors demonstrate its potential in the financial industry. For those looking to invest in international stocks and shares, downloading the Lightyear app may be a wise choice.
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