PhotonPay Completes $40 Million Series C Funding Round Led by Blockchain Capital

On October 29, according to The Block, payment operating system PhotonPay completed a $40 million Series C funding round, led by Blockchain Capital, with participation from SBI Group, IDG Capital, GL Ventures, and Lightspeed Faction.

Headquartered in Hong Kong, PhotonPay plans to expand its multi-asset wallet, global card issuance, and local settlement infrastructure, while also developing financial tools for AI agents.