Payment platform Lightspark acquired Estonian crypto company Striga

Lightspark (USA), a builder of next-generation global payments on the Bitcoin network, was advised by WALLESS in its acquisition of Striga in Estonia. According to Lightspark, the acquisition combines its real-time payment solutions with Striga’s regulatory framework and fintech infrastructure, including card issuing, virtual IBANs, and crypto custody. Striga’s expertise and direct integrations with fiat providers, card networks, and banks should strengthen Lightspark’s position in cross-border payments. Striga has processed over USD 200 million in transactions since its founding in 2018.

WALLESS team led by Hannes Vallikivi & Rolan Jankelevitsh involved Liis Hiie, Ivo Vanasaun, Kaisa Saarmann, Toomas Taube and Liina Käis.

Latham & Watkins acted as Lightspark’s US counsel.