Lightspark

Lightspark

Facilitates Bitcoin transactions for businesses

About Lightspark

Simplify's Rating
Why Lightspark is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Fintech

Crypto & Web3

Company Size

51-200

Company Stage

Seed

Total Funding

$1.3M

Headquarters

Los Angeles, California

Founded

2022

Overview

Lightspark operates in the digital currency market, focusing on Bitcoin transactions. It provides an API and Software Development Kits (SDKs) that enable businesses to integrate Bitcoin transactions into their digital wallets or applications using the Lightning Network, which is designed to facilitate faster and cheaper transactions, especially for cross-border payments. The technology identifies optimal routes for low-cost, low-latency payments, ensuring liquidity and providing a dashboard for transaction management, along with a secure data protection system and a test environment for users. Lightspark primarily serves businesses looking to incorporate Bitcoin transactions to reduce fees and transaction times compared to traditional payment systems. The company generates revenue by charging businesses for access to its technology and services.

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Simplify's Take

What believers are saying

  • Partnership with Revolut expands Lightspark's reach in the UK and European markets.
  • Increased adoption of the Lightning Network boosts demand for Lightspark's infrastructure.
  • Growing interest in Bitcoin ETFs could lead to higher transaction volumes for Lightspark.

What critics are saying

  • Competition from fintechs like Revolut could challenge Lightspark's market position.
  • Stablecoin integration by major banks may divert focus from Bitcoin solutions.
  • Partnerships like Yellow Card and Centi limit Lightspark's expansion in emerging markets.

What makes Lightspark unique

  • Lightspark offers robust APIs and SDKs for Bitcoin integration on the Lightning Network.
  • The company ensures low-cost, low-latency payments with optimal routing and liquidity management.
  • Lightspark provides a secure dashboard for transaction tracking and management.

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Funding

Total Funding

$1.3M

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↑ 3%

1 year growth

↑ 3%

2 year growth

↑ 6%
Intelligence360
Jun 5th, 2025
Lightspark Plans $1.2 Million Remodel In Los Angeles California.

Lightspark plans $1.2 Million remodel in Los Angeles California. Lightspark plans $1.2 Million remodel in Los Angeles California.Los Angeles, California — According to state and local development sources, Lightspark plans to invest $1,200,000.00 to build out new space in Los Angeles. The company plans to occupy the new space at 3233 S La Cienega Blvd in Los Angeles, on or about January 1, 2026. According to the company website The worlds financial system is stuck in the pastslow, costly, and fragmented. Businesses need a better way to move money: fast, open, and always on. Lightspark makes it happen.To learn more about Lightspark, visit http://www.lightspark.com/Company Contact:David Marcus, Chief Executive Officer855-516-0103SOURCE: http://www.intelligence360.ioCopyright (c) 2025 SI360 Inc

FX Leaders
May 8th, 2025
Revolut x Lightspark: Europe's Bitcoin Network Just Got Faster

Revolut is partnering with Lightspark to introduce the Bitcoin Lightning Network to its UK and select European users, aiming to reduce transaction costs and processing times.

FF News
May 7th, 2025
Revolut Partners With Lightspark For Lightning

Revolut is all about speed, efficiency, and giving customers more control over their money. Today, Lightspark has announced a new partnership with Revolut, bringing innovative payments infrastructure using the Bitcoin network to Revolut in the UK and select EEA countries.This move means no more waiting, and no more high network fees. These are seamless transactions powered by the most advanced open technology available. Revolut is connecting to the open Money Grid and joining many other fintechs and wallets that offer new and exciting payments solutions, such as Lightning transactions or Universal Money Address (UMA).With Lightspark, Revolut is integrating the best-in-class infrastructure to make Bitcoin more usable in everyday life.Game-Changing for Crypto & Payments“Integrating with Lightspark is a natural step forward. We’re always looking for ways to offer faster and more affordable financial solutions — and their approach to global transactions enables us to do exactly that”. Emil Urmanshin, GM Crypto, Revolut“Revolut is at the forefront of modern finance, and we’re thrilled to help power this integration

CryptoSlate
May 7th, 2025
Revolut Partners With Lightspark To Integrate Bitcoin Lightning Payments

UK fintech giant Revolut has partnered with Lightspark to bring Lightning Network support for Bitcoin (BTC) payments to users in the UK and select European Economic Area countries, the companies announced on May 7.The integration enables near-instant, low-cost Bitcoin transactions for Revolut users by leveraging Lightspark’s enterprise-grade infrastructure. It marks a major milestone for the neobank, which is increasingly expanding its crypto functionality beyond trading and custody.Emil Urmanshin, general manager of crypto at Revolut, said:“Integrating with Lightspark is a natural step forward. We’re always looking for ways to offer faster and more affordable financial solutions — and their approach to global transactions enables us to do exactly that.”The Lightning Network is a layer-2 protocol built on top of Bitcoin’s base chain. It is designed to improve transaction speed and reduce network fees. By tapping into this technology, Revolut joins a growing list of fintech companies adopting decentralized payment rails for practical use cases.Lightspark CEO and co-founder David Marcus praised Revolut for leading the charge in blockchain adoption for modern finance. He added that Bitcoin and blockchain-based infrastructure are the “future of money.”According to Marcus:“For too long, traditional banks have relied on outdated, slow, and expensive payment systems‌ — ‌akin to dial-up when the rest of the world uses 5G

PYMNTS
May 7th, 2025
Revolut And Lightspark Join Forces To Speed Bitcoin Payments

Revolut and cryptocurrency infrastructure firm Lightspark have teamed to speed bitcoin transactions in Europe and the U.K.The integration lets Revolut tap into Lightspark’s Lightning Network-based payment protocol for near-instant bitcoin transfers, Lightspark said in a Wednesday (May 7) blog post.In addition, the London-based Revolut will gain access to Lightspark’s MoneyGrid payment routing system, designed to simplify cross-border transactions for consumers and businesses.“The future of money is real-time, low-cost, and borderless—exactly what Lightspark solves for,” Lightspark Co-founder and CEO David Marcus said in the blog post.“For too long, traditional banks have relied on outdated, slow, and expensive payment systems ‌ — ‌ akin to dial-up when the rest of the world uses 5G. In a world with a new, open Money Grid that enables instant, seamless transactions, we’re excited to see a global fintech such as Revolut lead the way.”Revolut launched its crypto services in the U.K. last May, expanding to 30 European Economic Area countries in November.These efforts are happening as crypto is becoming increasingly mainstream, as PYMNTS wrote recently. For example, Strategy (formerly MicroStrategy) is doubling down on its own corporate bitcoin stockpile by raising $84 billion to purchase more of the digital token.“With over 70 public companies worldwide now adopting a Bitcoin treasury standard, we are proud to be at the forefront in pioneering this space,” Strategy President and Chief Executive Officer Phong Le said in an earnings press release last week.Even Ivy League institution Brown University has recently revealed it had made a $4.9 million investment into BlackRock’s bitcoin ETF, indicating a wider acceptance of cryptocurrencies in diversified portfolios.“Against this backdrop, observers believe it is becoming increasingly held, across Wall Street and beyond, that digital assets may no longer be confined to speculative circles,” PYMNTS wrote. “As bitcoin ETFs become a growing component of diversified portfolios and regulatory frameworks begin to crystallize, the decentralization dream that once defined crypto appears to be giving way to a new era of structured integration.”In other digital asset news, PYMNTS wrote Thursday about the potentially long road facing the GENIUS Act, the U.S.’s first major stablecoin bill, as it heads to the Senate amid increasing partisan friction.“Other major economies around the world are years ahead in putting clear rules in place for stablecoins and centralized intermediaries,” Kraken Global Head of Policy and Government Relations Jonathan Jachym said in a statement. “After many years of legislative progress, it is critical that U.S

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