PhotonPay has raised $40.0M in Series C funding, with Blockchain Capital, SBI Group, IDG Capital, GL Ventures, and LIGHTSPEED FACTION participating in the round.
The company runs a payment operating system that connects fiat and stablecoin rails for global businesses, offering multi-currency wallets, global payouts, card issuing, checkout, and embedded finance APIs. PhotonPay says it's trusted by more than 200,000 businesses and processes billions in annual transaction volume across 200+ countries.












