Lightnet

Lightnet is a Singapore-headquartered global payment infrastructure company that connects banks, fintechs, and Web3 businesses on a single regulated network. Founded to improve access to financial services for the unbanked and underbanked, Lightnet operates licensed cross-border settlement infrastructure spanning 150+ countries, with deep local partnerships across Asia and expanding global coverage. The company processed $15B+ in annualised volume in 2024 and supports 100+ financial institution clients and partners, and over 200,000 merchant integrations.

Founded by leaders from Charoen Pokphand Group, Lightnet is chaired by Chatchaval Jiaravanon and led by Tridbodi Arunanondchai (Vice Chairman & Group CEO), a Stanford-educated McKinsey and AIG veteran and former digital economy advisor to the Thai government. Advisors include Jed McCaleb (co-founder of Stellar and Ripple), Paul Veradittakit (Pantera Capital), and David Mazieres (Stanford/Stellar Development Foundation).

Core Products and Services

Lightnet offers four core infrastructure products: Digital Assets settlement (connecting fiat and digital asset rails including stablecoin settlement), Cross-Border Payments (regulated settlement across 150+ countries for banks, remittance operators, and PSPs), Merchant Payments (enabling 200k+ Asian merchants to accept stablecoins, loyalty points, and digital assets with fiat settlement), and Corporate Treasury & FX (multi-asset virtual accounts, centralized FX execution, OTC liquidity, and programmable treasury workflows).

The platform supports stablecoin-based settlement as an intermediary asset alongside local fiat rails, enabling Web2 x Web3 settlement interoperability through a single API integration. Lightnet was the first fintech to complete the Bank of Thailand sandbox program and has launched a stablecoin-based international payment service in partnership with SCB and Fireblocks.

Key Strengths

• Multi-jurisdiction regulatory framework: licensed in Singapore (MAS), Philippines (BSP), Thailand (Bank of Thailand/SEC/Ministry of Finance — 8 licenses), and Indonesia (Bank Indonesia)
• Distributed ledger infrastructure stripping intermediaries from cross-border transactions
• Single API access to all corridors and asset types (fiat, stablecoins, digital assets)
• Institution-grade uptime and SLAs with full transaction transparency
• KYC/KYB and AML/CFT compliance built into every transaction flow
• Supports local collection across Asia, MENA, Africa, and Europe via virtual accounts and licensed payout partners

Notable Clients and Ecosystem

Trusted by 100+ financial institution clients and partners across Asia. Partners with SCB (Siam Commercial Bank) and Fireblocks for stablecoin payment services. Serves crypto exchanges, OTC desks, Web3 platforms, remittance operators, PSPs, corporates, and high-volume merchants.

Why Choose Lightnet

Lightnet bridges Web2 compliance and usability with Web3 blockchain and stablecoin settlement rails. For institutions moving digital assets, settling cross-border payments, processing merchant transactions, or managing treasury operations, Lightnet provides a single regulated infrastructure replacing fragmented banking relationships, multiple FX providers, and manual processes — with configurable workflows, transparent pricing, and consistent execution across 40+ supported markets.