# Lightnet Group: Financial services, Singapore, Singapore

> Lightnet Group: Lightnet Group, based in Singapore, is a financial technology company founded in 2018. Based in Singapore, Singapore. Founded 2018.

Source: https://millionrounds.com/startup/lightnet-group (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Financial services startup](https://millionrounds.com/companies)

# Lightnet Group

Lightnet Group, based in Singapore, is a financial technology company founded in 2018.

Funding reported Last round: Series B

Financial services Singapore, Singapore

Company summary

- **Founded:** 2018 8 years old
- **Team:** 94 51 to 200 people
- **Funding reported:** 130.2M as listed, currency not stated
- **Last round:** Series B Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lightnet Group has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Lightnet Group

Lightnet Group, based in Singapore, is a financial technology company founded in 2018.

It focuses on creating a regulated financial infrastructure network that facilitates fast and cost-effective cross-border payments and liquidity solutions. Lightnet aims to enhance financial mobility and inclusivity, particularly for unbanked and underbanked populations, as well as small and medium enterprises (SMEs) in the Asia Pacific region. The company offers a range of services, including a cross-border payment infrastructure, settlement and liquidity networks, and remittance settlement services. Its flagship product, Liquidnet, provides a streamlined payment solution for money transfer operators and banks, while the LightRemit mobile app allows retail customers to send money globally. Lightnet operates in several countries, including Thailand, Indonesia, and the Philippines, and is supported by significant funding from major Asian investors.

## What company datasets say Lightnet Group raised

Funding, as reported

Reported in all **130.2M** in the source's currency

Rounds **4**

Last round **Series B**

Last round date **Aug 2022**

Investors listed **9**

## Founders and team

From Lightnet Group's own website: 3 on the team.

- **Tridbodi Arunanondchai** Vice Chairman & Group CEO
- **Chatchaval Jiaravanon** Chairman
- **Robert Townsend** Board member

## The company, in detail

What they build

Known for

banking rail independence consumers disintermediation in payments international transfer reserve interoperable financial networks retail payments upstream-downstream fx cross-border remittance local banks information technology & services blockchain technology financial services virtual_accounts digital_wallet network coverage

Built with from their website

Amazon SES Amazon CloudFront Chai Google Workspace CloudFlare Viewport Meta Amazon Simple Email Service Webflow Hosting Google Meet CloudFlare CDN

+8 more

Google Font API Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Open Graph Spline jQuery Cloudflare DNS

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 541512, SIC 6099, 7374, 7389
- **Revenue:** 18.7M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/lightnet)

## Financial services in Singapore

Startups like it

- [**Instarem** Singapore · founded 2014 *Raised*](https://millionrounds.com/company/instarem)
- [**Tazapay** Singapore · founded 2020 *Raised*](https://millionrounds.com/company/tazapay)
- [**Credit Culture** Singapore · founded 2016 *Raised*](https://millionrounds.com/company/credit-culture)
- [**YouTrip** Singapore · founded 2016 *Raised*](https://millionrounds.com/company/youtrip)
- [**Grvt** Singapore · founded 2022 *Raised*](https://millionrounds.com/company/grvt)
- [**Penguin Securities** Singapore · founded 2023 *Raised*](https://millionrounds.com/company/penguin-securities)
- [**StashAway** Singapore · founded 2016 *Raised*](https://millionrounds.com/company/stashaway)
- [**Synthesys** Singapore · founded 2023 *Raised*](https://millionrounds.com/company/synthesys)

## Is this your company?

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