PhotonPay Secures Series B Funding Led by IDG Capital

2 mins mins

Key Points:

PhotonPay’s Series B round led by IDG Capital for global expansion.
Focus on stablecoin-native payment infrastructure by 2026.
Notable involvement from Hillhouse Ventures, Enlight Capital, and others.

PhotonPay secured a Series B round led by IDG Capital, raising tens of millions to enhance its global digital finance operations with blockchain capabilities, announced in Hong Kong..

The funding highlights a significant investment in blockchain-based payment solutions, positioning PhotonPay as a leader in integrating stablecoin-native operations globally by 2026.

Strategic Expansion to Integrate AI and Stablecoin Systems

The funds will be utilized to deepen PhotonPay’s connections with global payment networks, enhance its stablecoin-centric payment systems, and broaden regulatory compliance. The firm aims to position itself as a leader in the digital finance and payment infrastructure sector. In the announcement, PhotonPay’s CEO, Lewison Chen, emphasized the company’s dedication to creating a frictionless financial system utilizing stablecoin-native rails.

“Global payments are experiencing a once-in-a-generation structural revolution: moving from slow, siloed legacy interbank networks to a unified, digital-asset-native system built for real-time liquidity and intelligent treasury.” — Lewison Chen, Founder & CEO, PhotonPay

Market observations suggest that the funding will significantly bolster PhotonPay’s operations. Notable among the investors, IDG Capital expressed confidence in PhotonPay’s potential, highlighting its focus on streamlining compliance and liquidity into a seamless infrastructure. This confidence reflects the broader fintech community’s interest in advancing AI-driven payment solutions.

Did you know?
PhotonPay’s strategy to launch new products in Hong Kong by 2026 marks a pivotal move as the region strengthens its focus on digital finance infrastructure, offering fertile ground for stablecoin and blockchain initiatives.

While PhotonPay currently operates across more than 200 countries, it continues to seek new regulatory alignments. Past trends show innovation in payment infrastructures often leads to improvements in cost-efficiency and operational capability. PhotonPay plans to incorporate AI-driven intelligence in its treasury and liquidity management processes—an evolution expected to influence the broader financial landscape positively. This strategic expansion could cultivate new opportunities for embedded finance, underscoring the growing integration of Web2 and Web3 systems in global finance.

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