-56%

est. 2Y upside i

FinTechSeries B

Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers or fees. We make investing approachable with a simple and easy-to-use app on mobile and web.

Rank

#3727

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: Medium

Based on current valuation of $250M and projected revenue of ~$12M in 2 years, the expected equity upside is -55.8% over 2 years.

Last updated: July 3, 2026

Bull (25%)+24%

Lightyear maintains high growth and achieves IPO or category leadership, sustaining a ~30x forward revenue multiple. Exit valuation ~$360M, but after 20% dilution yields 24% upside.

Base (35%)-62%

Growth decelerates, multiple compresses to ~12x as competition intensifies. Exit valuation ~$144M, but after preference and dilution, common stock suffers -62%.

Bear (40%)-100%

Growth stalls or severe competition wipes out value; exit below $58M preference, common stock recovers nothing.

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

23%

Total preferred stock of $58M represents 23.2% of current valuation, creating a significant overhang for common stock in downside scenarios.

Dilution Risk

high

Given high burn rate and early stage, an additional raise within 2 years is likely, diluting common shareholders by 15-25%.

Secondary Liquidity

none

No secondary market activity reported; shares are illiquid.

View all 11 open roles at Lightyear →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Lightyear's data — designed to show you've done your homework.

  • 1

    “How does Lightyear plan to compete with incumbents like Trade Republic and Robinhood given its smaller scale?”

  • 2

    “What is the company's path to profitability and how much additional capital will be needed before reaching cash flow positive?”

  • 3

    “How does the equity structure (preference stack, dilution) affect employee incentives, and what is the expected timeline to liquidity?”

Community

Valuation Sentiment

Our model estimates -56% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.