Thai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: ShutterstockThai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: Shutterstock
Thai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: Shutterstock
Tech /  Start-ups

Thai tycoon who owns Fortune magazine plans fintech acquisitions

  • Chatchaval Jiaravanon is co-founder and chairman of Lightnet, operator of a blockchain-based remittance platform
  • The Thai fintech start-up raised US$31.2 million in new funding this January
Topic |   Start-ups
Bloomberg
Bloomberg

Updated: 6:53pm, 16 Feb, 2020

Why you can trust SCMP
Thai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: ShutterstockThai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: Shutterstock
Thai start-up Lightnet, operator of a blockchain-based remittance platform, is targeting millions of underbanked migrant workers in Southeast Asia, a remittance market it estimates at US$150 billion. Photo: Shutterstock
READ FULL ARTICLE