What is Neutronpay?
Neutronpay, a Silicon Valley-based startup operating since 2018, is at the forefront of developing Lightning Network infrastructure tailored for global remittances, payments, payouts, spending, and banking. As one of the pioneering companies on the Lightning protocol, Neutronpay has established itself as Southeast Asia & South Asia's first Lightning company. The firm primarily targets businesses seeking to integrate advanced lightning capabilities into their existing operations. Demonstrating its commitment to the consumer market, Neutronpay launched its own mobile app in December 2022, initially rolling out in Vietnam and Canada.
How much funding has Neutronpay raised?
Neutronpay has raised a total of $2.3M across 1 funding round:
Angel/Seed
$2.3M
Angel/Seed (2022): $2.3M with participation from Ride Wave and Hivemind Ventures
Key Investors in Neutronpay
Ride Wave
Ride Wave, operating within the Rail, Bus & Taxi industry, participated in Neutronpay's funding round. Their involvement may indicate a strategic interest in payment infrastructure for transportation-related services.
Hivemind Ventures
Hivemind Ventures, a player in the Venture Capital & Private Equity sector, has backed Neutronpay. This suggests a focus on innovative technology and high-growth potential companies within the fintech landscape.
What's next for Neutronpay?
The substantial enterprise-level funding indicates Neutronpay is poised for significant scaling and expansion. This capital injection will likely fuel further development of its Lightning Network infrastructure, enhance its service offerings for businesses, and potentially broaden its consumer reach beyond initial markets. The strategic nature of the recent investment suggests strong alignment with backers who see the long-term potential of efficient, low-cost global financial transactions facilitated by the Lightning Network.
See full Neutronpay company page
