Lightnet

About

Lightnet uses blockchain technology to provide cross-border payment capabilities for its partners.

Bangkok,Krung Thep,Thailand
https://lightnet.io/

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $50M
Industries: Blockchain,Cryptocurrency,Financial Services,FinTech
Founded date: Jan 1, 2018
Operating Status: Active
Legal Name: Lightnet Co., Ltd.
Also Known As: Lightnet Group

Lightnet is the next-generation financial network that is built on the true interoperability concept by bridging between existing banking rail and non-bank agent networks to provide efficient and instantaneous transactions.

Lightnet is bidding to take on the trillion-dollar remittance market, starting with the millions of unbanked migrant workers currently using what it calls outdated, costly, and fragmented services in major Southeast Asian markets.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$130.20M

Lightnet has raised a total of $130.20M in funding over 2 rounds. Their latest funding was raised on Aug 29, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 29, 2022	Series Unknown	$50M	1	LDA Capital	—	Detail
Nov 2, 2021	Series Unknown	$48M	2	Chatchaval Jiaravanon Tridbodi Arunanondchai	—	Detail
Jan 11, 2020	Series A	$31.20M	7	—	—	Detail
Dec 1, 2019	Series A	$1M	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

10

Lightnet is funded by 10 investors. LDA Capital and Chatchaval Jiaravanon are the most recent investors.

Investor Name	Lead Investor	Funding Round
LDA Capital	Yes	Series Unknown
Chatchaval Jiaravanon	Yes	Series Unknown
Tridbodi Arunanondchai	Yes	Series Unknown
Hashkey	—	Series A
7-Eleven	—	Series A
Du Capital	—	Series A
Hanwha Investment Bank & Securities	—	Series A
Hopeshine Ventures	—	Series A
Signum Capital	—	Series A
UOB Venture	—	Series A