Estonian-founded fintech Lightyear secures $23M Series B to launch AI-powered investment tools

Lightyear, an Estonia and UK-based investment app, has secured a $23 million in a Series B funding round. The round was led by NordicNinja, with backing from Superangel, SpecialistVC, and several existing investors and business angels. 

About Lightyear 

• Lightyear is a London and Tallinn-based fintech company founded in 2020 by Estonians Martin Sokk and Mihkel Aamer. It’s offering commission-free access to global stocks, ETFs, and money market funds. 

• The platform aims to simplify investing by eliminating hidden fees and providing transparent pricing. Lightyear is regulated by the UK’s Financial Conduct Authority and the Estonian Financial Supervision Authority, ensuring a secure environment for users.

Investment details

The round was led by NordicNinja and backed by Superangel, SpecialistVC. Existing investors Lightspeed, Metaplanet, Skaala and some angels, including Markus Villig from Bolt, and Lars Trunin from Wise also participated at this funding round.

• NordicNinja is the largest Japan-backed VC fund in Europe. It invests in early-stage companies focusing on AI, IT, and apps within the software, transportation, and science sectors, with a geographical focus on Northern Europe, including Estonia, and Finland.

• The firm previously invested in SEEQC, tozero, Arbonics, Griffin, LiveEO and VSParticle.

This funding supports the launch of Lightyear AI, a suite of tools offering real-time market insights and analysis to empower retail investors.