Nu Holdings (Nubank) Partners with Lightspark for Bitcoin Lightning Payments

By Novasky | DevPress | 26 Jun 2024


Lightspark that has been working into the lightning network payments and the business integration of the lightning network. They have been pretty much active lately with the partnerships and the expansion into multiple regions. They are trying to get the lightning payments accessible to the consumers. And each time here and there they seem to be acquiring new deals for the payment gateways lately. 

Nubank has decided to use the Lightspak inside their ecosystem so that the lightning network payments would be accessible in their platforms.

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Nubank is planning on supporting the UMA too. Which is universal money address is being used for sending money and accepting money. This is an email like interface for money sending and acceptance. You can use that for the money transfer and it does work after lightspark integration. Nubank has already started accepting around 14 cryptos in their dashboard and more are likely to follow with time. 

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They have also improved upon the interface. So it seems like there will be more adoption and also more companies and the banks are likely to take upon their use case. Which is what we need. Another thing is that when CBDC comes in a lot of lightning network payments would be attractive to convert int the FIAT too. And banks who already have those options would make them easier to work with. 

You can check the announcement of the Nubank post here

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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