Lightspark is building Bitcoin Lightning infrastructure for Nubank’s 100 million Latin American customers.
Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.
Brazilian neobank Nubank has partnered with payments platform Lightspark to offer the Bitcoin Lightning Network to its 100 million customers in Latin America.on June 25 that it’s working with Nubank to start the Lightning “integration, mapping, and building potential products” and would have “more to share in the future.”
Lightspark will also integrate the Universal Money Address standard — a payment system built on top of Lightning that gives users an email-like address to transfer money.The integration is part of the neobank’s plan to offer higher-speed, low-cost transfers via blockchain, Nubank Cripto’s executive director Thomaz Fortes said in a statement.partnered
Around 92 million of Nubank’s customers are based in Brazil, with the remaining 8 million mostly based in Mexico and Colombia. Most cryptocurrency trading volume is facilitated in Brazilian real trading pairs, followed by the Mexican, Argentinian and Colombian pesos, Kaiko Research data
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