Lightnet Raises $31M To Boost Cross-Border Payments In Southeast Asia
Thailand based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. On Jan. 10 Business Insider Malaysia reported that the firm completed a Series A funding round led by major financial conglomerates in the region: Singaporean United Overseas Bank (UOB) South Korea’s Hanwha Investment & Securities Plans To Replace Payment Systems Like SWIFT The report notes that Lightnet plans to replace established payment systems