Fulgur Ventures invests in Neutronpay
16 Aug 2022

Fulgur Ventures
3 min read
Neutronpay is a Lightning Network payments company building cross-border infrastructure for Southeast Asia. Its APIs power remittances, payouts, and merchant acceptance, with a focus on Vietnam, the Philippines, and the wider region's underbanked population.
Few regions on earth would benefit more from Bitcoin's Lightning Network than Southeast Asia. The region is home to roughly 680 million people, around 70 percent of whom are underbanked and 50 percent of whom remain entirely unbanked, while remittance corridors are some of the most expensive in the world. Neutronpay was built to address exactly that gap, and we are pleased to announce our investment in the company.
Founded in 2018 by Albert Buu and headquartered in Vancouver with deep operations in Ho Chi Minh City, Neutronpay provides Lightning Network infrastructure and APIs for global payments, remittances, payouts, and merchant acceptance. Consumers and businesses can send, receive, and spend over Lightning, while partners plug into Neutronpay's APIs to add instant cross-border settlement to their own products. The company has already established corridors with partners like Pouch.ph for Canada, Vietnam, and the Philippines, and Bitnob for African flows.
What attracted us to Neutronpay is the rare combination of regional specificity and protocol conviction. Albert and the team understand that winning Vietnam or the Philippines is not about marketing slogans; it is about local banking partnerships, mobile money integrations, regulatory work, and unit economics that actually beat Western Union. They are doing that hard work, and Lightning is the rail that makes it possible.
At Fulgur, we believe the Lightning Network's first truly global use case will be cross-border value transfer, and that the breakthrough markets will be the ones legacy rails serve worst. Neutronpay is the team to build it for Southeast Asia, and we are proud to back them.