Lightnet designs and produces professional architectural lighting to improve people's everyday lives and enhance their well-being. The company focuses on sustainability and uses its own LED technology for production.

Lightnet

SCB 10x is the corporate venture capital arm of Siam Commercial Bank, focusing on investments in fintech, blockchain, and other innovative technologies that align with the bank's strategic interests.

SCB 10x

Lightnet Group | 2,754 followers on LinkedIn. Next generation Financial Infrastructure. Promoter of Financial Inclusion in the SEA region | Lightnet is a Singapore headquartered fintech company dedicated to improving the lives of the unbanked and underbanked by building an inclusive international remittance ecosystem that increases the efficiency of existing money transfer operators, financial institutions and other cross-border payment providers. Lightnet’s initial focus will be on Southeast Asia remittances, which it estimates to be in excess of USD 150 billion a year.

Following a USD 31.2 million Series A financing round in late January 2020, the company is now backed by eight Asian conglomerates, giving Lightnet access to a giant network of banks and retail outlets.

Chalee Asavathiratham

Regional Director, Business Development & Operations at Inception Technology / Lightnet Group

Artem Razgovorov

Senior Legal Counsel at Lightnet Group

Simon Z. Rajan

Fintech | Cross Border Payments | Financial Services | Positive Leadership | Senior Executive

Ayman El Aina

Lightnet Group

We are pleased to announce the appointment of Jirawat Pattanayutanachot as the Head of Engineering at Lightnet. Mr. Jirawat brings a wealth of experience in leading large financial software development teams, as well as a strong expertise in both Web2 and Web3 technologies. His extensive background positions him to effectively guide our technology team in delivering innovative solutions across both fiat and non-fiat platforms. We are confident that his leadership will drive significant advancements within our technology initiatives. Please join us in extending a warm welcome to Mr. Jirawat as he joins the Lightnet family.

It's taken me some time to process this... WeLab is looking to build our 3rd Digital Bank - THAILAND. It's been an incredible 7-year journey at WeLab, HK's pioneering fintech company. I never imagined this is what I would be doing, leading the process from - getting a license, designing, and building a digital bank. WeLab is now venturing into new horizons, gearing up to launch its 3rd Digital Bank. From Hong Kong to Indonesia and now Thailand, the path has been nothing short of remarkable. We are applying for a Thai virtual banking license, partnering with Thailand's Lightnet Group , we are bringing transformative tech and innovative banking services across Thailand - starting with the partner ecosystem reach to 46 million individuals at over 150,000 local touchpoints. Each step in this process has been a unique learning experience, paving the way for a more effective and enjoyable future. Stay tuned as we work towards delivering high-quality products and experiences. #WeLab #Fintech #DigitalBanking #ThailandExpansion #ThailandVirtualBanking #VirtualBanking #Innovation #ThailandFinance #Lightnet #TechInnovation https://lnkd.in/graTfaC5

Jessica Lam

We are excited to welcome Jeremy Shijie Zhou to Lightnet Singapore as our new Commercial Director! With 7 years of leadership experience and 14 years in market expansion, his focus will be on driving growth across China, Hong Kong, and the broader APAC region. Jeremy brings a wealth of expertise in payments, particularly in virtual cards, travel, and expense management, and we are confident that his experience will help us achieve our ambitious goals. Outside of work, Jeremy enjoys trekking, diving, and traveling, making him a well-rounded and dynamic addition to our team. Jeremy (Shijie) Zhou Lightnet Group Lightnet Singapore Pte Ltd

Siam Commercial Bank launches stablecoin-based cross-border payments Lightnet, in collaboration with Siam Commercial Bank (SCB), Thailand’s oldest commercial bank, is proud to announce the launch of stablecoin-powered cross-border payment and remittance services. This partnership enables SCB clients to perform transactions 24/7, with a significant reduction in transaction costs. By leveraging stablecoin technology, customers can seamlessly send and receive cross-border payments at a fraction of traditional fees. These lower fees provide significant advantages, especially for individuals receiving remittances from higher-value currencies, making this solution ideal for both personal and business transactions. Tridbodi Arunanondchai, CEO of Lightnet, emphasized the broader impact of the initiative: “This project enhances financial inclusion by reducing the capital requirements per transaction. It also delivers unique benefits to retail, corporate, and institutional clients alike.” The service has undergone successful testing in the Bank of Thailand’s regulatory sandbox, ensuring that it meets regulatory requirements while providing the flexibility necessary for future innovation in digital payments. Congratulations to both the Lightnet and SCB teams for successfully launching the stablecoin cross-border payment service! Your hard work and collaboration have made this project a great success. Tridbodi Arunanondchai Nilesh Kumar Kunal Sachdev Naushad Hussain Arifin Omar Lightnet Group Lightnet Singapore Pte Ltd SCB – Siam Commercial Bank Remittance Association (Singapore) #remittances #singaporemoneytransfer #moneytransfer

K. Premmananth

We are excited to announce that Vajirapan Panumong has joined Lightnet Group as Head of Project Management. He is a PMP-certified project manager with over 15 years of experience leading and managing projects across diverse industries, including banking, manufacturing, and IT. Mr. Vajirapan brings a wealth of expertise in leveraging proven PMP methodologies to ensure successful project delivery within budget, time, and resource constraints. He leaded complex projects with multiple sub-projects at a consulting firm and was well-versed in various project management tools and software to effectively track project status. His culturally adaptive working style aligns perfectly with Lightnet’s environment, facilitating collaboration with stakeholders across multiple countries and regions. We are confident that Mr. Vajirapan will make significant contributions to our team and help drive our projects to new heights. Please join us in welcoming him to the Lightnet family!

We are delighted to welcome Ayman El Aina to the Lightnet team as the Commercial Director for the Oceania region, based in Sydney, Australia He will be part of Global Commercial Team and reporting to K.Premmananth. With an impressive 25 years of leadership experience at prestigious multinational companies, including Convera, Western Union, Arc International, Danone Group, and Arthur Andersen/Accenture, Ayman brings a wealth of expertise in strategic management consulting, cross-border payments, and business development. His career reflects a deep commitment to driving revenue growth, market expansion, and operational excellence. Ayman’s background spans key business hubs such as Sydney, Melbourne, San Antonio, Riyadh, and Dubai, where he has successfully led international and cross-functional teams, managed P&L responsibilities, and navigated complex markets. His passion for fostering growth and innovation will be instrumental in expanding Lightnet’s presence and success in the Oceania region. Outside of his professional life, Ayman enjoys spending time with his family, traveling, and engaging in volunteer work, embodying a balanced approach to both career and personal fulfillment. We are confident that Ayman’s leadership and vision will significantly contribute to Lightnet’s continued success.

We are thrilled to announce that Lightnet Singapore Pte Ltd has officially signed the International Payment Services Agreement with Convera at their Sydney office. This partnership marks a significant milestone for our company, and we are excited about the promising opportunities it presents. We would like to extend our sincere gratitude to Tasko Alcevski, Adam Curtis, and Andrew Hogden for their invaluable support in bringing this service to life, ensuring seamless integration, and providing such warm hospitality during our time in Sydney. Great pleasure to meet and have a discussion with Michael Bourque - Chief Financial Officer Convera. Together, we are confident that this collaboration will bring mutual benefits and foster continued growth for both companies. We look forward to a successful and prosperous partnership ahead! Convera Brendan Clegg Tasko Alcevski Andrew Hogden Michael Bourque Nilesh Kumar Tridbodi Arunanondchai Lightnet Group Lightnet Singapore Pte Ltd

Way to go! Proud to be associated with this Solution @Future

Metric
Company Name	Lightnet	SCB 10x
Symbol
MSH ID	COM:LIGHTNET-GROUP	COM:SCB10X
Market	PRIVATE	PRIVATE
Sector	Commercial & Professional Services	Financial Services & Finance
Industry	Lighting Design and Manufacturing	Financial Services
Country	DE	TH
Stage	Series B
Employee Count		75
Website	lightnet-group.com/us	scb10x.com
LinkedIn	lightnetgroup	scb10x
Founders

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Enterprise Value
Monthly Web Traffic	3.29K
Web Traffic Growth	1.76
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Raised Capital	50M

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14-Day Growth Score		12.67
28-Day Growth Score		18.70
90-Day Growth Score		39.82
365-Day Growth Score		29.46

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LIGH

COM:LIGHTNET-GROUP

Lightnet

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