According to ChainCatcher, PhotonPay, an AI-driven digital finance and payment infrastructure platform, has successfully completed a Series B financing round of several tens of millions of dollars. The round was led by IDG Capital, with participation from GL Ventures, Enlight Capital, Lightspeed Faction, and Shoplazza. The funds raised in this round will be used to deepen the deployment of the global payment network, upgrade the underlying technical architecture, enhance risk management capabilities, and accelerate the scaling of global business operations. PhotonPay plans to launch products such as balance wealth management and flexible credit solutions in phases, starting with Hong Kong as the first station from 2026, while simultaneously deploying blockchain-driven payment infrastructure.
PhotonPay Completes Multi-Million-Dollar B-Round Financing, Led by IDG Capital
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Summary
PhotonPay has secured a multi-million-dollar Series B round led by IDG Capital, with participation from GL Ventures, Enlight Capital, Lightspeed Faction, and Shoplazza. The funding will support network upgrades, global payment expansion, improvements to technical architecture, and enhanced risk management. The company plans to scale its global operations and align with evolving global cryptocurrency policies. PhotonPay intends to launch balance wealth management and credit products, beginning in Hong Kong in 2026, alongside its blockchain-powered payment infrastructure.
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