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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

Financial ServicesFinanceFintech

Investors

GL VenturesSBI GroupIDG CapitalLightspeed FactionBlockchain 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.

Quick answer

PhotonPay raised $40 Million in a Series C round, dated October 29, 2026. Investors: GL Ventures, SBI Group, IDG Capital, Lightspeed Faction and Blockchain Capital.

How much did PhotonPay raise?
PhotonPay raised $40 Million in a Series C round on October 29, 2026.
Who invested in PhotonPay?
GL Ventures, SBI Group, IDG Capital, Lightspeed Faction and Blockchain Capital are named as investors in this round.
What does PhotonPay do?
PhotonPay, founded in 2015, is building a next-generation, stablecoin-centric financial operating system designed to power the future of money.
Where is PhotonPay based and how big is it?
Fundz records about 61 employees.
Who are the decision-makers at PhotonPay?
Fundz holds 2 contacts at PhotonPay, including the Director of Brand & Global PR. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as PhotonPay that raised within 45 days of this round, from Fundz verified event records.

  • American Rebel raised $51K (Series D) on November 10, 2026.
  • Planky raised $7.7M on November 10, 2026.
  • Wafr raised an undisclosed amount (Pre-Seed) on November 10, 2026.
  • Clara raised $65M (Series C) on November 10, 2026.
  • Kifiya raised an undisclosed amount on November 9, 2026.
  • Arka Fincap raised $85M on November 8, 2026.

Who to call at PhotonPay, and when

A new round usually means PhotonPay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day PhotonPay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at PhotonPay, from your own LinkedIn network

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Company Information

Company

PhotonPay

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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Fundz sees it the moment PhotonPay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsJiahao L., Director of Brand & Global PRSee plans and pricing
Predictive Intelligence
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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.

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