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.
- Website
- www.lightnet.io/
- 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
Ranked
3rd among 37 active competitors
Employee Count
105 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Lightnet
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 | $841K (As on Dec 31, 2020) | - |
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 |
View details of Lightnet's funding rounds and investors
Lightnet's founders and board of directors
Founder? Claim ProfileThe 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 105 employees as of Apr 26. Here is Lightnet's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rapyd 2016, London (United Kingdom), Series F | FinTech company that provides global payment solutions | $1.01B | 73/100 | |
2nd | TerraPay 2014, London (United Kingdom), Acquired | Omnichannel payment solution for cross-border money transfers | $100M | 67/100 | |
3rd | Money transfer solution over blockchain networks | $81.2M | 67/100 | ||
4th | Onafriq 2003, Tulsa (United States), Series C | Omnichannel payment network for cross-border remittance | $177M | 63/100 | |
5th | TransferTo 2005, San Francisco (United States), Acquired | Global B2B fintech infrastructure enabling seamless payments and digital value transfers | $3M | 55/100 | |
6th | Streami 2015, Seoul (South Korea), Series B | Provides a cryptocurrency exchange | $2M | 46/100 | |
7th | Opus Technologies 1997, Alpharetta (United States), Funding Raised | AI-enabled omnichannel cross-border payment processing network | - | 46/100 | |
8th | Moment 2022, London (United Kingdom), Series B | Provider of integrated payments network platform | $37.5M | 44/100 | |
9th | Provider of foreign currency exchange and international money transfer services | - | 43/100 | ||
10th | App-based cross-bordered payment and marketing solutions | - | - | 43/100 |
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
Media has covered Lightnet for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
•
•
Another startup seeking to replace SWIFT; raises $31M series A to offer blockchain remittance servicesThe Block•Dec 25, 2025•UOB, Lightnet, HashKey Capital, Signum Capital and 2 others
•
•
•
•
Raffles Family Office concludes strategic investment in Lightnet GroupPrivatebankerinternational•Nov 01, 2022•Raffles, Lightnet
•
Fintech company Lightnet Group receives USD 50 million capital commitmentvcbay.news•Aug 30, 2022•Lightnet, LDA, Velo
•
Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGramFinTechnews•Feb 16, 2021•MoneyGram, Lightnet
•
Velo Labs partners with Lightnet, Visa for MSME payments solution in AsiaTech in Asia•Nov 30, 2020•Velo, Lightnet, Visa, Velo Lab and 2 others
•
Lightnet Group Forges Partnership with Siam Commercial BankPR Newswire•Nov 27, 2020•Lightnet, Siam Commercial Bank, Lightnet
Are you a Founder ?
FAQs about Lightnet
Explore our recently published companies
- bbau.ac.in - Lucknow based, Unfunded company
- millenniumbabycares.com - 2019 founded, Unfunded company
- origocommodities.com - Unfunded company
- Shree Ram Builders - Anand based, 1985 founded, Unfunded company
- SVCET - Chittoor based, 1998 founded, Unfunded company
- Ampsolar.com - Hesperia based, 2013 founded, Unfunded company