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

When to Escalate a Debt Recovery Matter to Legal Action

Knowing when to transition from informal debt collection efforts to formal legal proceedings is a decision that many creditors find difficult to navigate. Acting too early can damage commercial relationships, while waiting too long can reduce the likelihood of recovery... Read more

Why Slurry Hose Systems Are Essential for Handling Abrasive Industrial Materials

Transporting abrasive mixtures is a common challenge in industries such as mining, dredging, and construction. These mixtures, known as slurry, consist of solid particles suspended in water or other liquids. Moving slurry through pipelines requires specialised equipment that can withstand... Read more

Why Choosing the Right Dental Clinic Matters for Long Term Oral Health

Maintaining good oral health requires regular checkups, preventive care, and professional treatment when needed. Visiting a trusted Dental Clinic plays a vital role in keeping teeth and gums healthy while preventing more serious dental problems in the future. Many people only... Read more

Is Deep Plane Facelift Safe in Thailand?

When you ask whether a deep plane facelift is safe in Thailand, you’re really asking: “Can I get high-quality surgical care with strong safety standards and reliable follow-up while I’m traveling?” That’s a smart question. But the country name alone... Read more

Why Cloud Services Are Now Essential for Business Growth and Security

In today’s fast-moving digital environment, understanding how cloud services support long-term stability has become a priority for businesses across Australia. As expectations shift and workplaces adopt more flexible models, organisations are turning to cloud services to keep systems running smoothly... Read more

Steel Cutting Services: Precision That Shapes Modern Construction

In today’s construction, manufacturing, and fabrication environments, steel cutting services play a vital role in turning raw steel into practical, usable components. From large-scale infrastructure projects to bespoke architectural features, the accuracy and quality of steel cutting directly influence the... Read more