Internal Server Error

Lightnet - About the company

Lightnet is a series B company based in Singapore (Singapore), founded in 2018 by Tridbodi Arunanondchai and Tom Sudchai. It operates as a Money transfer solution over blockchain networks. Lightnet has raised $81.2M in funding from investors like UOB, Hanwha and Seven Bank. The company has 37 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Rapyd, TerraPay and Onafriq.

Company Details

Lightnet provides money transfer solutions over blockchain networks. It provides a decentralized network enabling cross-border money transfer solutions through cryptocurrencies. It utilizes the Velo protocol to facilitate remittance transactions for underbanked banking transactions.
Social
X
Email ID
*****@lightnet.io
Registered Address
HUAI KHWANG HUAI KHWANG BANGKOK
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Series B
Total Funding
$81.2M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
105 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Sign up to download Lightnet's company profile

Lightnet's funding and investors

Lightnet has raised a total funding of $81.2M over 3 rounds. Its first funding round was on Jan 10, 2020. Its latest funding round was a Series B round on Nov 02, 2022 for $*****. 1 investor participated in its latest round. Lightnet has 12 institutional investors.

Here is the list of recent funding rounds of Lightnet:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 02, 2022
1693500
Series B
6577416
9098182
7231127
2946377
Aug 28, 2022
1193067
Series B
9990320
3802514
1326911
4784793
Jan 10, 2020
4936349
Series A
1897200
3419905
lockAccess funding benchmarks and valuations. Sign up today!

Lightnet's founders and board of directors

Founder? Claim Profile
The founders of Lightnet are Tridbodi Arunanondchai and Tom Sudchai. Tridbodi Arunanondchai is the CEO of Lightnet.
Here are the details of Lightnet's key team members:

Lightnet's employee count trend

Lightnet has 105 employees as of Apr 26. Here is Lightnet's employee count trend over the years:
Employee count trend for Lightnet
lockUncover Lightnet's growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Lightnet's Competitors and alternates

Top competitors of Lightnet include Rapyd, TerraPay and Onafriq. Here is the list of Top 10 competitors of Lightnet, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rapyd
Rapyd
2016, London (United Kingdom), Series F
FinTech company that provides global payment solutions
$1.01B
73/100
2nd
Logo for TerraPay
TerraPay
2014, London (United Kingdom), Acquired
Omnichannel payment solution for cross-border money transfers
$100M
67/100
3rd
Logo for Lightnet
Lightnet
2018, Singapore (Singapore), Series B
Money transfer solution over blockchain networks
$81.2M
67/100
4th
Logo for Onafriq
Onafriq
2003, Tulsa (United States), Series C
Omnichannel payment network for cross-border remittance
$177M
63/100
5th
Logo for TransferTo
TransferTo
2005, San Francisco (United States), Acquired
Global B2B fintech infrastructure enabling seamless payments and digital value transfers
$3M
55/100
6th
Logo for Streami
Streami
2015, Seoul (South Korea), Series B
Provides a cryptocurrency exchange
$2M
46/100
7th
Logo for Opus Technologies
Opus Technologies
1997, Alpharetta (United States), Funding Raised
AI-enabled omnichannel cross-border payment processing network
-
46/100
8th
Logo for Moment
Moment
2022, London (United Kingdom), Series B
Provider of integrated payments network platform
$37.5M
44/100
9th
Logo for Unimoni
Unimoni
1995, Bengaluru (India), Funding Raised
Provider of foreign currency exchange and international money transfer services
-
43/100
10th
Logo for Alipay
Alipay
2015, Singapore (Singapore), Unfunded
App-based cross-bordered payment and marketing solutions
-
-
43/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Lightnet's competitors? Click here to see the top ones

Lightnet's Investments and acquisitions

Lightnet has a total of 1 investment in KogoPAY. Lightnet has not made any acquisitions as of now.

News related to Lightnet

lockFilter this list
Media has covered Lightnet for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Lightnet

Explore our recently published companies
  • Shree Ram Builders - Anand based, 1985 founded, Unfunded company
  • SVCET - Chittoor based, 1998 founded, Unfunded company
  • Ampsolar.com - Hesperia based, 2013 founded, Unfunded company
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford