VANCOUVER, British Columbia, Sept 14 (Bernama-GLOBE NEWSWIRE) — Neutronpay, a Vancouver, Canada and Ho Chi Minh City, Vietnam based startup that enables consumers and businesses to send and receive payments on Bitcoin’s Lightning Network raised USD$2.25M in Seed funding on June 1, 2022.
The Lightning Network is a “layer 2” payment protocol which sits atop Bitcoin and facilitates instantly settled payments measured in milliseconds, is capable of millions of transactions per second and allows for exceptionally low fees, which all combined makes it the ideal payment network of any type, period. Lightning has the potential to replace all debit, credit and wire transactions globally. Because of its interoperability anyone with a Lightning enabled app could spend or send funds in local currency at any merchant or person worldwide. Online, in-store, cross-border, micro, real-time, Lightning can do it!