Platform Features

The Lightway Finance platform will deliver a seamless user experience for customers while providing robust tools for administrators and operators. The features are designed to leverage Lightspark technology, UMAs, ClearBank, and MFB APIs for instant, secure, and cost-efficient cross-border transactions.

1. Customer-Facing Features

• Seamless Registration & Onboarding

  • User sign-up with KYC/AML verification.

  • Automatic UMA assignment to each registered customer.

  • Profile management and linked payment preferences (NGN, GBP).

• Universal Money Address (UMA) Transfers

  • Easy-to-use “email-like” money addresses for sending/receiving payments.

  • Real-time resolution of UMAs into payment instructions across Lightning and banking rails.

  • Support for instant NGN–GBP transfers.

• Cross-Border Payments Dashboard

  • Simple interface to initiate transfers.

  • Live exchange rate visibility.

  • Real-time transaction tracking and confirmations.

• Notifications & Alerts

  • Instant alerts for successful transfers, failures, or pending transactions.

  • Multi-channel notifications (email, SMS, in-app).

2. Admin & Operations Features

• Admin Dashboard

  • Centralized control panel for monitoring the Lightspark Lightning node.

  • View liquidity status, funding balances, and channel performance.

  • Manage UMA assignments and customer account escalations.

• Transaction Monitoring & Reporting

  • End-to-end visibility of customer transactions.

  • Automated reconciliation with MFB and ClearBank APIs.

  • Exportable financial and compliance reports.

• Compliance & Risk Management

  • Built-in KYC/AML verification workflows.

  • Transaction monitoring for suspicious activity.

  • Audit trail and regulatory reporting capabilities.

3. Technical & Integration Features

• Lightspark SDK/Node Integration

  • Full connection to the Lightspark Grid for Lightning Network routing.

  • API-based management of UMA services.

• Banking Rails Integration

  • NGN on/off-ramp via Lightway MFB APIs.

  • GBP on/off-ramp via ClearBank APIs.

  • Automated settlements and reconciliations.

• Scalability & Security

  • Cloud-native deployment with redundancy and failover.

  • Encrypted transaction flows and secure key management.

  • Role-based access control for admins and operators.