PhotonPay secures $40 million in Series C funding

PhotonPay has closed a $40 million Series C funding round led by Blockchain Capital. The round included participation from new investor SBI Group, alongside follow-on investments from existing backers IDG Capital, GL Ventures, and Lightspeed Faction.

The company intends to use the capital to expand its stablecoin-centric Financial Operating System (Financial OS). Key areas of investment include enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in major markets, and developing an agent-ready financial execution layer.

As of August 2026, PhotonPay reported an annualized transaction volume of US$65 billion. The firm holds 34 payment and financial licenses across the Americas, Europe, and Asia, serving over 200,000 business customers in more than 200 countries and territories.