This is Lightyear's first expansion outside the Eurozone — a move led by demand from hundreds of local waitlisters. Hungarian investors are hugely underserved, left to invest through expensive legacy solutions like banks, or with neobrokers that don’t offer users a localised solution. Lightyear fixes both ends of this problem

 • Lightyear launches a localised product, with the Hungarian Forint included in its multi-currency account for Hungarians, so customers can finally deposit in local currency, convert money into EUR, USD or GBP at the true exchange rate, and invest in the world's markets without hidden fees.
 • As with other currencies in its multi-currency account, investors can also earn interest on their Forint balance. Dependant on the central banks' interest rate, Lightyear's users currently earn a 12.25% interest on their uninvested HUF. For USD, this sits at 4%, 3.5% for GBP and 2.25% for EUR.
 • Lightyear is founded by ex-Wise duo Martin Sokk & Mihkel Aamer, and combines multi-currency accounts with unlimited access to global stock markets so people across Europe can invest without hidden fees.
 • Lightyear has raised $35M and is backed by Silicon Valley based venture capital firm Lightspeed Venture Partners and Sir Richard Branson.