Principal Engineer, Spark (BTC/ETH/L2)
Lightspark$280,000 - $310,000/year
Full Time
Expert & Leadership (9+ years)
Lightspark
Facilitates Bitcoin transactions via API and SDKs
Los Angeles, California, United States
About Lightspark
Lightspark focuses on facilitating Bitcoin transactions for businesses by providing an API and Software Development Kits (SDKs) that integrate with the Lightning Network. This technology allows for faster and cheaper cross-border payments by identifying efficient routes for transactions. Unlike competitors, Lightspark's service-based model enables businesses to leverage Bitcoin without needing deep technical expertise. The goal is to streamline payment processes, making them more efficient and cost-effective.
Los Angeles, CaliforniaHeadquarters
2022Year Founded
$1.3MTotal Funding
SEEDCompany Stage
Fintech, Crypto & Web3Industries
51-200Employees
Risks
Increased competition from fintech companies like Strike and OpenNode.
Regulatory scrutiny in the US and EU could impact cryptocurrency transactions.
Technological vulnerabilities in the Lightning Network may affect Lightspark's reputation.
Differentiation
Lightspark offers a robust API and SDKs for Bitcoin integration on the Lightning Network.
The company provides a dashboard for tracking and managing Bitcoin transactions efficiently.
Lightspark's Universal Money Address (UMA) enhances global payment solutions for businesses.
Upsides
Partnerships with Bitso and Foxbit expand Lightspark's reach in Latin America.
Introduction of Spark and UMA boosts Lightspark's product offerings and market appeal.
Strategic expansion into Africa with Yellow Card highlights growth in emerging markets.
Funding
Total raised$1.26 M
Latest valuation$6.50 M
StageSEED
SEED
7/31/2024$1
$6.50 M