Lighthouse (fintech company)

Performance indicators

2023: Net profit - 214.7 million rubles

On July 2, 2024, it became known that four out of five digital financial asset operators (CFAs) in Russia completed 2023 with losses. This information is based on an analysis of the financial statements of companies whose main activity is the issue and conduct of transactions with CFA. Read more here.

The only profitable operator was Lighthouse, which showed a net profit of 214.7 million rubles. The company's total revenues amounted to 314.6 million rubles, and expenses - 90.6 million rubles.

History

2024

Change of ownership

On September 12, 2024, it became known that the owners of the Russian fintech company Lighthouse had changed. It was left by one of the co-owners, which allowed to increase its own stake in the company to co-founder Kirill Lipa.

Lighthouse is developing a digital financial ecosystem. According to the company, it was the first in Russia to launch a digital factoring platform with an exchange-traded financing model based on the competition of financial institutions for the ability to finance supplies. Lighthouse calls its mission the formation of a financial ecosystem for the seamless integration of large businesses and banks in a single system to obtain bank rates on a market competitive basis. Among the company's clients are Transmashholding JSC (the largest manufacturer of railway vehicles in Russia) and Metrovagonmash JSC (a supplier for subways of 11 countries).

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Lighthouse is one of the leaders in Russia in creating a regulated platform for digital financial assets in accordance with the Federal Law on Digital Financial Assets, the company's website says.

According to the Business News Agency, Temporia Invest LLC has left Lighthouse under the leadership of Ivan Mirgorod: this organization conducts activities to manage holding companies. As part of the transaction, Temporia Invest transferred its 3% stake to business partner Kirill Lipa, who, in turn, increased the stake from 14% to 17%.

As of September 12, 2024, the structure of the owners of Lighthouse is as follows: Iskandar Makhmudov with 20%, Andrei Bokarev with 20%, Dmitry Komissarov with 17.54%, Kirill Lipa with 17%, Denis Iordanidi with 10.46%, Georgy Iordanidi with 10%, Alexey Lebedev with 3% and Mikhail Khromov with 2%. At the same time, Lipa also holds the position of General Director of Transmashholding JSC^[1]

Maximum sanctions from the United States

At the end of March 2024, the United States imposed maximum sanctions against the Russian platforms for digital financial assets Atomais and Lighthouse. These companies are listed on the SDN List (Specially Designated Nationals List), whose members are blocked from all assets located in the United States. In addition, being included in this black list implies a ban on American persons from any interaction with sanctioned persons, including receiving funds, goods or services from such persons and providing them or in their interests. Read more here.

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