Lightnet Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
105
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$5M
- Investors
-
13
Lightnet General Information
Description
Developer of a financial platform designed to provide a banking services network to increase the efficiency of existing money transfer operators. The company's platform offers remittance settlement, acceptance of any form of funds, an interoperable settlement network, cross-border payments, and a liquidity infrastructure network, enabling firms to access various financial services at an affordable cost.
Contact Information
Website
www.lightnet.ioCorporate Office
- 9 Raffles Place
- Level 5, Republic Plaza 1
- Singapore, 048619
- Singapore
Corporate Office
- 9 Raffles Place
- Level 5, Republic Plaza 1
- Singapore, 048619
- Singapore
Lightnet Timeline
Lightnet Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC | 08-Jul-2025 | $5M | Completed | Generating Revenue | ||
| 4. Later Stage VC | Completed | Generating Revenue | ||||
| 3. Later Stage VC (Series B) | 10-Jul-2023 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 28-Aug-2022 | $50M | $82.3M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 10-Jan-2020 | $32.3M | $32.3M | Completed | Generating Revenue |
Lightnet Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A |
VC Exit Predictor
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Lightnet Comparisons
Industry
Financing
Details
Lightnet Competitors (61)
One of Lightnet’s 61 competitors is Banking Circle, a Private Equity-Backed company based in Luxembourg, Luxembourg.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Banking Circle | Private Equity-Backed | Luxembourg, Luxembourg | ||||
| Nium | Venture Capital-Backed | Singapore, Singapore | ||||
| Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
| MoneyGram | Private Equity-Backed | Dallas, TX | ||||
| Tranglo | Formerly PE-Backed | Kuala Lumpur, Malaysia |
Lightnet Signals
Lightnet Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Easou Tech | Corporation | Minority | ||
| Ausvic Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Raffles Family Office | Family Office | Minority | ||
| LDA Capital | Hedge Fund | Minority |
Lightnet Investments & Acquisitions (3)
Lightnet’s most recent deal was a Joint Venture with Treasury-as-a-Service Platform (Lightnet / OpenEden / Velo Labs). The deal was made on 01-Oct-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Treasury-as-a-Service Platform (Lightnet / OpenEden / Velo Labs) | 01-Oct-2024 | Joint Venture | Financial Software | ||
| KogoPay | 11-May-2021 | Seed Round | Financial Software | ||
| Bitazza | 11-Mar-2021 | Merger/Acquisition | Other Financial Services |
Lightnet Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bitazza | Tortola, British Virgin Islands | 2018 |
Lightnet FAQs
-
When was Lightnet founded?
Lightnet was founded in 2018.
-
Where is Lightnet headquartered?
Lightnet is headquartered in Singapore, Singapore.
-
What is the size of Lightnet?
Lightnet has 105 total employees.
-
What industry is Lightnet in?
Lightnet’s primary industry is Financial Software.
-
Is Lightnet a private or public company?
Lightnet is a Private company.
-
What is Lightnet’s current revenue?
The current revenue for Lightnet is .
-
How much funding has Lightnet raised over time?
Lightnet has raised $155M.
-
Who are Lightnet’s investors?
Easou Tech, Ausvic Capital, , Raffles Family Office, and LDA Capital are 5 of 13 investors who have invested in Lightnet.
-
Who are Lightnet’s competitors?
Banking Circle, Nium, Stripe, MoneyGram, and Tranglo are some of the 61 competitors of Lightnet.
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