News Daily


Men's Weekly

News from Asia

  • Written by Media Outreach
SINGAPORE - Media OutReach - 1 November 2022 - Singapore-based Lightnet Group ("Lightnet") announced today the completion of Raffles Family Office's ("Raffles FO") strategic investment. The funding will support Lightnet's ongoing operations and help enhance the development of Lightnet products and solutions.

As part of the transaction, Lightnet will secure a strategic stake in Raffles FO's digital asset wealth management platform, Revo. The partnership will provide valuable technical support and payment infrastructure to drive and deliver success for both parties, by enabling Lightnet to expand its payment ecosystem to cover institutional funds transfer, a major component of Raffles FO's service offering to support ultra-high-net-worth (UHNW) families in the region through Revo. The partnership reaffirms Lightnet's vision to revolutionise the payments and remittance space with next generation infrastructure and services across the entire spectrum, from the unbanked or underbanked, to wealthy individuals and family offices.

Raffles Family Office Group CEO Chi-man Kwan said:

"We are delighted to participate in the strategic investment in Lightnet which focuses on the next generation financial infrastructure. At Raffles Family Office, we are committed to driving the development of a wealth management platform built for the digital future and synergies with like-minded innovators in a collaborative ecosystem to enable and optimize digitalization in finance. We will continue to play our part in revolutionizing the world of finance, working together with partners to unlock the potential of blockchain technology."

Lightnet Co-Founder and Chairman, Chatchaval Jiaravanon, said:

This agreement will see more adoption of Lightnet's next generation financial infrastructure. This is key to expanding our payments and remittance services. We are very excited to be able to join forces with Raffles Family Office and hope this agreement will bring meaningful growth for our payments infrastructure and the asset-based platform. Lightnet's network will provide borderless and formless financial mobility infrastructure for Revo digital asset wealth management platform to move the fund anywhere in the world.

Hashtag: #LightnetGroup

The issuer is solely responsible for the content of this announcement.

Read more

Cleaner Floors, Healthier Homes: Lefant M3L Arrives as Australians Prioritise Pet-Friendly Hygiene

As pet ownership continues to rise, Australians are placing greater emphasis on maintaining a hygienic indoor environment for both family members and their animals. Issues such as dander, loose fur, and tracked-in dirt require consistent cleaning to support better home... Read more

How Home Removalists Save Time, Money, and Energy During Your Move

Moving to a new home is an exciting chapter in life, but the process of getting there can be overwhelming. From packing and organizing to transportation and unpacking, relocation involves a long list of tasks that can consume both your... Read more

Fulfilment Australia: Streamlining ECommerce Operations for Business Growth

As eCommerce continues to thrive, efficient order fulfilment has become one of the most critical components of customer satisfaction and business success. Companies across the nation are turning to professional fulfilment Australia providers to manage inventory, packaging, and shipping operations... Read more

Evaporative Cooling Cleaning Melbourne: Keeping Your System Fresh, Efficient, and Healthy

As Melbourne’s summers grow hotter, many homes rely on evaporative cooling systems to stay comfortable. While these systems are energy-efficient and environmentally friendly, they require regular maintenance to perform at their best. Professional Evaporative Cooling Cleaning Melbourne services are essential... Read more

4 Benefits of Exploring Australia in an Off Road Caravan

Australia’s vast landscapes offer a kind of freedom that can only be fully experienced on the open road. For travellers seeking caravans for sale, choosing one built for adventure can transform any journey into a memorable one. This article will... Read more

The Importance of Professional eCommerce Web Design for Online Success

The online shopping industry has grown at a rapid pace, and with it, customer expectations have evolved. Today, having a basic website is not enough to attract and retain customers. Businesses must invest in professional eCommerce web design that not only... Read more