Lightnet Group

📍 Singapore, Singapore👥 110 employees💰 Last funded Feb 2020
Financial Services🌐 lightnet.io
Website LinkedIn
Lightnet is a Singapore headquartered fintech company dedicated to improving the lives of the unbanked and underbanked by building an inclusive international remittance ecosystem that increases the efficiency of existing money transfer operators, financial institutions and other cross-border payment providers. Lightnet’s initial focus will be on Southeast Asia remittances, which it estimates to be in excess of USD 150 billion a year. Following a USD 31.2 million Series A financing round in late January 2020, the company is now backed by eight Asian conglomerates, giving Lightnet access to a giant network of banks and retail outlets. Investors include UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital and Du Capital. Lightnet is co-founded by industry figurehead Chatchaval Jiaravanon, whose family controls Thai conglomerate Charoen Pokphand Group.
4
Total investors
3
Early stage
0
Mid stage
0
Late stage
—
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
Singapore
3
Hong Kong
1
Investor activity2018–2020 · investors recorded per year
2018120203
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Lightnet Group?
Lightnet Group has 4 investors on record on gritt.io, including 3 early-stage backers.
When did Lightnet Group last raise funding?
The most recent investment in Lightnet Group recorded on gritt.io was in February 2020.
What industry is Lightnet Group in?
Lightnet Group operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Lightnet Group based?
Lightnet Group is headquartered in Singapore, Singapore.