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Lightspark

Provider
Crypto / Stablecoin

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 9 companies across 1 category.

lightspark.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesCrypto / Stablecoin
Rank#8 of 57 in Crypto / Stablecoin
Buyers9 companies
HeadquartersWest Hollywood, CA, United States
Founded2022
FoundersDavid Marcus
Raised$175M+

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Founders & story · from Lightspark’s own dossier

Founded in 2022 by David Marcus (ex-PayPal, ex-Meta Diem) as a Bitcoin Lightning Network infrastructure company, Lightspark quickly evolved beyond Lightning to build a broader global payments infrastructure layer. By 2025 it had repositioned as an enterprise-grade open payments infrastructure provider with the Grid API, bridging fiat, stablecoins, and Bitcoin. The 2026 launch of Grid Global Accounts marks a full pivot into BaaS 2.0 — enabling any platform to offer branded dollar accounts, Visa cards, and real-time cross-border payouts without a banking license, using Bitcoin as the settlement layer.

Latest round: Series A
Recent developments
  • 2026-04Lightspark launched Grid Global Accounts at Bitcoin 2026 — one API for branded dollar accounts, stablecoin issuance, Visa cards, and off-ramps across 65+ countries connecting to 175M Visa merchants. source ↗
  • 2026-04Davi Strazza, an 11-year Adyen veteran (helping scale from $30B to $1.3T in payments volume), joined Lightspark as Chief Business Officer. source ↗
Full dossier: Lightspark’s own stack, layer by layer →
Who uses Lightspark
9 companies disclose Lightspark in their stack
RevolutNubankCoinbaseSoFiXapo BankBitnobCoins.phFoxbitRipio
Buyer mix · 9 of 9 classified
Fintech / Crypto · 5Fintech / Neobank · 3Fintech / Cross-border payments · 1
LATAM · 3US · 2UK · 1Africa · 1APAC · 1
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What Lightspark runs on · from its own dossier
The third-party providers Lightspark itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Lightspark.
Card Network
Visa
Crypto / Stablecoin
Zero Hash
Full dossier with evidence for each layer →
Alternatives to Lightspark

Other Crypto / Stablecoin providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Zero Hash25 buyers →Circle21 buyers →Bridge16 buyers →BVNK13 buyers →Tempo13 buyers →Fireblocks12 buyers →MoonPay10 buyers →Paxos8 buyers →
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An embeddable badge for Lightspark’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #8 of 57 in Crypto / Stablecoin — Embedded Finance Index 2026
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Lightspark — frequently asked

Which companies use Lightspark?

9 companies are linked to Lightspark in the Embedded Finance Index 2026, through their own public disclosures or Lightspark's published customer list, including Revolut, Nubank, Coinbase, SoFi, Xapo Bank, Bitnob, Coins.ph, Foxbit and Ripio.

What does Lightspark do?

Lightspark is an embedded-finance provider in Crypto / Stablecoin. It ranks #8 of 57 Crypto / Stablecoin providers by linked companies.

What are the alternatives to Lightspark?

The most-named Crypto / Stablecoin alternatives to Lightspark are Zero Hash (25 buyers), Circle (21 buyers), Bridge (16 buyers), BVNK (13 buyers), Tempo (13 buyers) and Fireblocks (12 buyers).

Who founded Lightspark?

Lightspark was founded by David Marcus and is founded in 2022, headquartered in West Hollywood, CA, United States.

How much funding has Lightspark raised?

Lightspark has raised $175M+ in total.

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