When was Lightnet founded?

Lightnet was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Lightnet located?

Lightnet is headquartered in Singapore, Singapore. It is registered at HUAI KHWANG HUAI KHWANG BANGKOK.

Who is the current CEO of Lightnet?

Tridbodi Arunanondchai of Lightnet. They have also founded 3 companies.

How many employees does Lightnet have?

As of Jun 30, 2026, the latest employee count at Lightnet is 107.

Is Lightnet a funded company?

Lightnet is a funded company, having raised a total of $81.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 10, 2020.

When was the latest funding round of Lightnet?

Lightnet's latest funding was a $***** Series B round on Nov 02, 2022, with participation from 1 investor. Its primary sector is Digital Remittance. In Singapore, the Digital Remittance sector has seen $369M in funding in 2026 to date.

What is the annual revenue of Lightnet?

Annual revenue of Lightnet is less than $1M as on Dec 31, 2020

Where does Lightnet rank among its competitors?

Lightnet ranks 1st amongst 20 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Coala Pay, which secured $3.5M in Feb, 2025.

Who are the top competitors of Lightnet?

Lightnet's top competitors include TerraPay, Onafriq and TransferTo. Among them, Coala Pay secured the most recent funding round in February, 2025.

Lightnet - 2026 Company Profile, Team, Funding, Competitors & Financials

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.

Website: www.lightnet.io/
Social
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

Series B, Nov 02, 2022, $*****

Investors

UOB & 11 more

Ranked

1^st among 20 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2020

Employee Count

107 as on Jun 30, 2026

Investment & Acquisitions

KogoPAY

Similar Companies

TerraPay & 29 more

View Lightnet's full profile

Lightnet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LIGHTNET (THAILAND) COMPANY LIMITED CIN: 0105561192751 , Thailand, Active	Nov 08, 2018	$0 - $1M (As on Dec 31, 2020)	-

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	3494748	Series B	6864421	9606884	4172140	6311696
Aug 28, 2022	1691075	Series B	8778375	9673503	1600411	6887743
Jan 10, 2020	8661980	Series A	8456309	5740101	Seven Bank & 2 more	Hopeshine Capital & 4 more

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View details of Lightnet's funding rounds and investors

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:

Tridbodi Arunanondchai: Co-Founder, Vice Chairman & Group CEO of Lightnet and founder of 3 other companies, EvryNet, MoneyTable and PrivéPass.
Contact Info: 1 email address
Tom Sudchai: Co-Founder of Lightnet.
Contact Info: 1 email address

View details of Lightnet's Founder profiles and Board Members

Lightnet's employee count trend

Lightnet has 107 employees as of Jun 26. Here is Lightnet's employee count trend over the years:

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Top competitors of Lightnet include TerraPay, Onafriq and TransferTo. 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	Lightnet 2018, Singapore (Singapore), Series B	Money transfer solution over blockchain networks	$81.2M	UOB, Hanwha & 10 others	69/100
2nd	TerraPay 2014, London (United Kingdom), Acquired	Omnichannel payment solution for cross-border money transfers	$100M	IFC, Partech Partners & 8 others	67/100
3rd	Onafriq 2003, Tulsa (United States), Series C	Omnichannel payment network for cross-border remittance	$177M	LUN Partners Group, Goodwell Investments ... & 20 others	63/100
4th	TransferTo 2005, San Francisco (United States), Acquired	Global B2B fintech infrastructure enabling seamless payments and digital value transfers	$3M	STC Ventures, Ingenico	55/100
5th	Coala Pay 2021, San Francisco (United States), Seed	Payment infrastructure for cross-border transfers	$3.5M	Castle Island Ventures, Lattice & 2 others	40/100
6th	PAPSS 1993, Masr Al Jadidah (Egypt), Unfunded	Cross-border payment acceptance solution for businesses	-	-	38/100
7th	Settle Network 2019, United States, Seed	Financial network for cross-border payments	$3M	Stellar, Signum Capital & 2 others	37/100
8th	Roxe 2018, New York City (United States), Seed	Cross-border remittance solutions for cryptocurrencies	-	Zero to First	34/100
9th	Jenzy 2005, United Kingdom, Seed	Provider of settlement infrastructure for cross border financial payment transactions	$2.61M	Morgan Stanley, Gaingels & 1 others	34/100
10th	Wameja 1997, Sydney (Australia), Acquired	Network for cross-border transfer settlements	-	Herald Investment Management, Demtech	31/100