PhotonPay raises $40M in Series C led by Blockchain Capital

The Hong Kong fintech plans to expand its stablecoin-centric financial OS and build payment rails for AI agents PhotonPay has closed a $40 million Series C round, led by Blockchain Capital . The Hong Kong-based fintech plans to use the money to grow its payment services and build financial tools for AI agents. The round concluded on October 29, 2026. It lands at a moment when stablecoins and autonomous software are both trying to become real infrastructure, not just conference talking points. Blockchain Capital led the round. SBI Group, IDG Capital, GL Ventures and Lightspeed Faction also took part.

Source: Crypto Briefing