Lightyear wins best business investing account at the Good Money Guide Awards 2024

Home > News > Lightyear wins best business investing account at the Good Money Guide Awards 2024

Lightyear won Best Business Investing App because they simplify the process of opening a corporate investment account. By enabling businesses to invest in the stock market rather than solely holding cash, Lightyear empowers companies to make more from their funds, maximizing potential returns.

Charlotte Ashdown from Lightyear said after winning the review: We’re honored to win this award. Most business funds are kept in easy-access accounts with incumbent brokers and banks, earning only 1-2% interest, which leads to billions in potential earnings being lost. We’re addressing this by helping businesses earn the interest they deserve, ultimately contributing to both their success and the economy’s. For retail investors, we advocate a diversified portfolio—US stocks are popular, but UK stocks are also essential for balance. Today’s discussions on making bonds more accessible to retail investors show promising steps toward creating balanced portfolios with lower-risk options alongside higher-risk stocks.

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