Neutronpay Raises $1.5M Bridge Round for Lightning Network Expansion in Southeast Asia
Neutronpay, licensed and regulated Lightning infrastructure provider, has announced the completion of a $1.5 million bridge funding round led by Axiom Capital.
- “We are delighted to continue to support Albert and the team as they prove out the utility of Lightning infrastructure in Southeast Asia. We expect to see a continued normalization of the superiority of the Lightning Network over legacy fiat banking rails for a range of payment categories and are happy to back Neutronpay as one of the foremost companies at the cutting edge of this technology,” Allen Farrington on behalf of Axiom.
"This pivotal milestone marks a significant expansion of our operations across South East Asia and beyond, venturing into the dynamic markets of Northern Asia. By leveraging the unparalleled potential of the Lightning Network, we are not just fostering faster and more efficient transactions, but also unlocking new possibilities in the digital economy," said the company's founder and CEO Albert Buu.
- Businesses can leverage Neutronpay's solution via an API, while consumers can use Neutronpay's mobile app.
- In some of the latest updates, Neutronpay App (custodial + KYC) v1.14 introduced enhanced contacts features, which lets users save sent cash information as an external contact for future use. Recently, it also introduced POS (Point of Sale) functionality.
