lipa
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
lipa (lipa.swiss) was a Swiss seed-stage fintech/Bitcoin startup whose name stood for 'Lightning Payments'. It built two apps around Bitcoin Lightning: the lipa Wallet for consumers and a Wallet for Business, designed to make sending and receiving money via Lightning fast and seamless. It was a non-custodial design — users owned the keys to their bitcoin balance, and even lipa could not access funds. A 2023 redesign with the UI agency blokk gave the wallet a minimalist interface.
02 / lipa FAILURE REASONS
Failure factors
Official wallet discontinuation notice states Lightning depended entirely on Breez SDK Native (Greenlight), which Breez was ending 31 Dec, so the wallet could not continue in its then form from Jan 2026; lipa also decided not to migrate to Breez Nodeless because of low user numbers.
Wallet Lightning functionality was fully built on Breez SDK Native, which the partner discontinued.
Company decided not to migrate to an alternative Breez SDK due to low user numbers.
03 / EVENT HISTORY
Events in the structured record
- Product or service closed
Official site states the lipa wallet was discontinued at the end of 2025.
- Liquidation
Homepage states lightning payment services ag is in liquidation, services no longer offered, and lipa for Business PoS discontinued by mid-March 2026.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
The dataset records a 2026 liquidation for lipa.
- 02
No public press announcement of the winding-down was found.
- 03
No financial details were disclosed.