M&A Deal Summary

Lightspark Acquires Striga

On October 14, 2025, Lightspark acquired information technology company Striga

Acquisition Highlights
  • This is Lightspark’s 1st transaction in the Information Technology sector.
  • This is Lightspark’s 1st transaction in Estonia.

M&A Deal Summary

Date 2025-10-14
Target Striga
Sector Information Technology
Buyer(s) Lightspark
Deal Type Add-on Acquisition

Target

Striga

Tallinn, Estonia
Striga provides financial services infrastructure for companies in the crypto, banking & issuing space. Traditionally, the cost & time associated with launching a FinTech solution, whether it is a neo-bank, a business banking product, or a platform, has been absurdly high and complex. The company enables thinking global from day one, and enabling multi-currency accounts or multi-currency card products in different geographies can be achieved with a single button click and zero setup time, and compliance hassle. Its platform is a product that evolved as a cumulative effort of the Lastbit line of products launched and operated throughout 2019 and 2020, which was the first-ever physical instant Bitcoin-powered debit MasterCard on the planet. Striga is based in Tallinn, Estonia.

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Buyer(S) 1

Buyer

Lightspark

Los Angeles, California, United States

Category Company
Sector Information Technology
DESCRIPTION

Lightspark builds modern, always-on payment solutions powered by Bitcoin, with enterprise tools like Connect, UMA, and Spark. Businesses can send and receive money instantly. Lightspark is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Estonia M&A 1 of 1
Year: 2025 M&A 1 of 1