Matthew Neville

Fintech startup adds "highly requested" features to investment suite ahead of European expansion

London based fintech startup Lightyear, which launched in the UK last year, has announced the addition of “highly requested” new features as it gears up to tackle the European market.

Lightyear, founded by early Wise alumni Martin Sokk and Mihkel Aamer, was born from personal frustrations with investing in Europe. Hidden fees, confusing user experiences and lack of access to international markets has been very much the norm.

With their recently secured Estonian licence, Lightyear is looking to become one of the only investment apps available across Europe. Since its launch, the Lightyear product has seen constant new additions. The company tripled its stock universe in five weeks and brought out its first social investment product in the space of five weeks.

Now, the company has released limit orders and auto conversions, both highly requested features. Limit orders allow users to control the price they pay for buying a stock, or selling one. Auto conversion will convert a user’s balances to the local currency when they’re buying stocks, at the live interbank rate.

To help fuel their next phase of growth, the business has also appointed two advisors with extensive industry experience in personal finance and fintech.

Wander Rutgers is Robinhood UK’s former President who spent three years working on international expansion at Wise before leading the Product team at consumer fintech app Plum, where he still serves as an advisor.

Martin Sokk, CEO and co-founder at Lightyear, commented: “We’re moving at an incredible pace, listening to our UK customers for their feedback and launching highly requested new features and products.

“The strength of our team and the breadth of experience we can now call upon with Wander and Joe on our roster is vital as we take on this next phase of growth across Europe.”

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