Financial technology leader SoFi has partnered with Lightspark to launch global remittance services powered by the Bitcoin Lightning Network, starting with Mexico. This marks a significant advancement in financial innovation, aiming to streamline international money transfers and increase their affordability. SoFi’s integration with Lightspark enables users to send funds quickly and cheaply, even across borders. SoFi CEO Anthony Noto sees this as a positive step towards greater convenience for customers, especially those frequently sending money overseas. This move could reshape the landscape of financial transactions, potentially influencing other financial institutions’ adoption of blockchain technology for remittances.