lavaproov
Lavaproov is an Australian-based fintech company that launched in 2021 with the goal of simplifying micro‑transaction payments for online content platforms. The company claims to use a proprietary blockchain layer called the Lavaproov Protocol, which is designed to reduce transaction fees and improve confirmation speed compared to traditional payment gateways. The firm’s headquarters are located in Sydney, with additional offices in Melbourne and Singapore.
The company’s flagship product, Lavaproov Pay, offers APIs that allow developers to embed tipping, subscription, and
In June 2023, Lavaproov raised a $12 million Series A round led by Australian venture capital firm
Critics have raised concerns about potential privacy issues associated with the proprietary blockchain data structure, citing