The API for money
Los Angeles
Joined April 2022
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Think about payments.
We've spent decades optimizing experiences that assume a person is actively involved in every transaction. Agents introduce an entirely different set of requirements.
Money needs to be accessible to software, programmable, available around the clock, and able to move across borders without friction.
There's also an interesting second-order effect.
If software can move money autonomously, financial capabilities can become native to virtually any product or platform.
We're entering a period where the boundaries of what constitutes a financial product will become increasingly blurry.
We may be approaching one of the biggest changes in how money moves since the internet went mainstream.
Our CEO @davidmarcus shared some thoughts on this in a conversation with @hopeking at @Money2020 yesterday.
A few takeaways from their conversation:
Every day, 10 to 15 people make their first $20K on @whop. Today, Lightspark powers a new way for them to cash out instantly to their bank accounts.
The Lightspark team is headed to Money20/20
Here's where to find us 👇
> @CallMeGillette at Brainfood Roundtable, Venetian
> @davidmarcus, Exchange Stage
> @davistrazza with @Thunes, Intersection Stage
> Happy hour with @turnkeyhq, 1923 Prohibition Bar, Venetian
See you there!
Our design team is cooking with our infra
Money that works like a file.
Drag it into Finder. Send it in a message. Put it on physical media. Pass it between two phones.
We pushed @lightspark's docs and infra to explore what money could do beyond a traditional wallet.
Here's a video of what we made ⬇
Bringin for Business is live!
We're helping power euro business accounts for companies running on Bitcoin across 30 European countries, under our MiCA license.
Hold, accept and pay in Bitcoin and stablecoins, with a vIBAN in your company's own name for SEPA payments.
Türkiye is now live on Lightspark
US companies imported $16.4 billion in goods from Türkiye last year. Now they can pay those suppliers in lira, in real time
Send money, pay suppliers, and convert stablecoins to lira
docs.lightspark.com
Lightspark retweeted
This week's episode is a deep dive into the design journey of the legendary @gt
⇢ Teehan+Lax
⇢ Leading design at Facebook
⇢ Creating viral games for Dialed
⇢ Building his dream team at Lightspark
Enjoy 🎧
youtube.com/watch?v=Lmr2Ud2A…
Adding stablecoins, cards, virtual accounts, or global payouts to your stack?
That's the conversation we're bringing to @money2020. We're on stage twice, hosting a happy hour with @turnkeyhq, and taking meetings all week.
Happy hour's approval only, so grab a spot early:
luma.com/dt73awy1?tk=rv9MRZ
Stablecoin payments are growing fast.
Across the market, monthly card spend grew from $380M to $1.12B in a year. Active card users nearly quadrupled.
For us, three use cases kept showing up: cards, payouts, and global accounts.
Our site traffic says the same thing. Global accounts is where visitors go first. Cards and payouts are next.
Here's each one, the data behind it, and what you can build on Lightspark.
