March 26, 2024
Neutronpay, a platform focused on expanding Bitcoin's Lightning Network infrastructure in Southeast Asia, has secured $1.5 million in a bridge funding round led by Axiom Capital. This funding aims to enhance Neutronpay's capability to provide instant and low-cost payment solutions across the region, supporting its mission of fostering an inclusive digital economy.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Category |
|---|---|---|---|---|---|
Neutronpay | March 26, 2024 | $1.5M | Convertible Note | $3.8M | Bitcoin |
Neutronpay utilizes the Lightning Network, a second-layer protocol on Bitcoin, to enable fast and low-cost transactions. This approach offers an efficient alternative to traditional banking systems for both businesses and consumers. Businesses can integrate Neutronpay's solution via an API, while consumers can use the Neutronpay mobile app for seamless transactions.
This funding will enable Neutronpay to expand its operations throughout Southeast Asia and into Northern Asia. The company's focus on leveraging the Lightning Network's capabilities aims to offer a compelling alternative for digital payments, addressing the limitations of conventional financial systems by facilitating instant transactions with minimal fees.
Neutronpay collaborates with industry-leading businesses and custodial services to advance its mission of enhancing the accessibility and efficiency of digital payments globally. These partnerships are crucial in driving the adoption of Neutronpay's platform and expanding its footprint in the region.
About Neutronpay:
Neutronpay offers a platform for payments and transactions with seamless integration to accept Bitcoin Lightning payments risk-free. The company aims to revolutionize how businesses and individuals engage with Bitcoin and digital payments by leveraging the Lightning Network. Neutronpay's approach focuses on integrating with the cultural and economic landscapes of Southeast Asia, recognizing the unique relationship between technology adoption and cultural values in the region.
Website: https://neutronpay.com/
X Account: https://x.com/neutronpay
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About Investor
Investor: Axiom BTC
Axiom BTC is a venture capital firm that focuses on investing in innovative technology and digital payment solutions. The firm supports projects that aim to enhance financial inclusion and efficiency.
Location: United States
Website: https://www.axiombtc.capital/
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