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PhotonPay raises $40M Series C led by Blockchain Capital to scale its stablecoin-centric Financial OS for corporate operations and cross-border settlement.

PRIVATEOct 29, 2026

Amount Raised

$40 Million

Round Type

Series C

Hong KongFinancial ServicesFinanceFintech

Investors

Lightspeed FactionGL VenturesIDG CapitalSBI GroupBlockchain Capital

Description

PhotonPay announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from SBI Group and follow-on investments from IDG Capital, GL Ventures, and Lightspeed Faction. The capital will support expansion of PhotonPay's stablecoin-centric Financial Operating System, enhancing multi-asset wallet capabilities, global card issuing, and local clearing infrastructure. PhotonPay has reached $65 billion in annualized transaction volume as of August 2026 and serves over 200,000 business customers across more than 200 countries and territories. The company has secured 34 payment and financial licenses across the Americas, Europe, and Asia.

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Company Information

Company

PhotonPay

Location

Hong Kong, Hong Kong, Hong Kong

About

PhotonPay, founded in 2015, is building a next-generation, stablecoin-centric financial operating system designed to power the future of money. Its proprietary platform forms the backbone of borderless finance, seamlessly connecting Web2 and Web3 core infrastructure to redefine how value moves across the globe.

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Related People

2 contacts
Verified contactsJiahao L., Director of Brand & Global PRSee plans and pricing
Predictive Intelligence
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ML-powered predictions for PhotonPay's next move

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PhotonPay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.