PEPE0.00 -8.28%

TON1.46 -1.54%

BNB617.39 -2.89%

SOL85.71 -3.51%

XRP1.47 -4.83%

DOGE0.10 -11.01%

TRX0.28 -0.71%

ETH1969.14 -5.15%

BTC68749.53 -2.03%

SUI0.98 -5.22%

Stablecoin-Centric Infrastructure PhotonPay Secures Tens of Millions in Series B Led by IDG Capital

PhotonPay raises a Series B led by IDG Capital to scale its stablecoin-powered global financial rails, already moving $30B+ annually while cutting cross-border payment costs by 75%.

PhotonPay, a stablecoin-centric global digital financial infrastructure, today announced it has raised tens of millions of USD in Series B funding led by IDG Capital. Participants include Hillhouse Investment, Enlight Capital, Lightspeed Faction, and Shoplazza.

The funds will accelerate the expansion of PhotonPay’s next-generation stablecoin financial rails and broaden its global regulatory footprint. Currently processing over $30 billion in annualized volume, the platform operates 11 global hubs with 300+ experts.

Serving industries from e-commerce to AI and SaaS, PhotonPay has helped tens of thousands of businesses slash fund transfer costs by 75% and improve efficiency by 60%. The company aims to build a frictionless financial operating system for the global digital economy.

Where crypto flows differently.