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

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