lightnet

Lightnet is the next generation financial network

that is built on the true interoperability concept by bridging between existing banking rail and non-bank agent network to provide efficient and instantaneous transactions

MONEY TRANSFER & SETTLEMENT

Global Remittance flow is estimated at $700bn.

Lightnet, a remittance provider company, is utilizing Velo Protocol to tackle an underbanked banking market worth $380bn market where it’s already starting off with a low-cost and convenient remittance payment solution for with 10m immigrant workers in South East Asia worth of $150bn.

Global Remittance
Friciton in payments

FRICTION IN PAYMENTS

Current cross-boarder transfer model based on bilateral relationship between institutions

Slow – Due to multihop money movement between each correspondent pair

Costly – Many parties involvement complicate the operation and adding up the cost

No Visibility – In efficient processing system has limited tracibility and not permit for data-rich transaction

our solution

OUR SOLUTION

Lightnet aims to be frictionless settlement hub for the region to provide centralize realtime settlement

  • Reduce end to end settlement time
  • Provide better FX by utilizing untapped volume
  • Full visibility, straight through processing and data rich transaction

MTO ONBOARDING PROCESS

MTO ONBOARDING PROCESS

NEW CROSS-BORDER TRANSFER PROCESS

NEW CROSS-BORDER TRANSFER PROCESS

TEAM

Chatchaval Jiaravanon

Chatchaval Jiaravanon

Chairman

Tridbodi Arunanondchai

Tridbodi Arunanondchai

Vice Chairman

Athi Pisuthipun

Athi Pisuthipun

Head of Products

Tom Kiatcheeranun

Tom Kiatcheeranun

Head of Technology

Trithip Sivakrishkul

Trithip Sivakrishkul

Head of Finance and Operation

ADVISOR

Jed McCaleb

Jed McCaleb

Development

David Mazières

David Mazières

Development

Tana Pothikamjorn

Tana Pothikamjorn

Product

Prof. Robert Townsend

Prof. Robert Townsend

Chief Economist

John Ng Pangilinan

John Ng Pangilinan

Founder of Signum Capital

Hongliang Lu

Hongliang Lu

Co-founder and CEO of UTStarcom

David Siemer

David Siemer

CEO at Wave Financial

TRUSTED PARTNERS

CP Group

CP Group

POS & Family POS - 11,000 7-Eleven in Thailand and 40,000 True Money Shops

AEON

AEON

350,000 agent locations in more than 200 countries.Volume $30Bper year.

MoneyTable

MoneyTable

10K SMEs

Counter Service

Counter Service

13,000 branches in Thailand

Truemoney

Truemoney

37,000 Point-of-Sale services across Southeast Asia

Makro

Makro

108 branches in Thailand

Boonterm

Boonterm

130,000 Kiosk in Thailand, 31,500 million baht in Q3 2018

AirPay

AirPay

150,000 AirPay agents in Thailand

Hanwha

Hanwha

Global network in 8 countries

Dollar Smart

Dollar Smart

$60M per year1,000’s of payout agents

Villarica

Villarica

10,000 Pawn Shops in Philippines

Kejora

Kejora

25M retail banking customers of C88

BigPay

BigPay

500,000+ downloads in Malaysia

Yeahka

Yeahka

4m POS network in China

Viettel

Viettel

28 local bank support payment and credit card support payment (Visa / Master Card / JCB) in Vietnam

Origami

Origami

72 agent in Japan

Lyhour

Lyhour

40,000 agents

Alfamart

Alfamart

15,000 Alfamart in Indonesia

Qareer

Qareer

72 agent in Japan

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