PhotonPay completes funding round
09 January 2026 Hong Kong
Image: immimagery/stock.adobe.com
Stablecoin-centric digital financial infrastructure, PhotonPay, has completed its Series B funding round, led by IDG Capital, with participation from Hillhouse Investment, Enlight Capital, Lightspeed Faction, and Shopplazza.
Blacksheep Technology acted as the exclusive financial advisor for this round, with the funds in the tens of millions of US dollars.
Anthony Zhu, founding partner of Englight Capital, notes: “We see tremendous potential in PhotoPay to become a foundational financial services provider in a future digitalised and AI-native world.”
PhotonPay intends to allocate the funds to the expansion of its stablecoin financial rails, in addition to hiring new employees and broadening its regulatory footprint.
The company supports businesses across a variety of markets, including e-commerce and marketplaces, B2B trade, online travel agencies, and logistics, with its financial operating system and extended ecosystem.
Lewison Chen, founder and CEO of PhotonPay, believes the Series B funding is “fuel that accelerates our mission to connect the global digital economy and defines our role in re-architecting the next decade of global payments infrastructure”.
Commenting on the investment, IDG Capital is “excited to back a category-defining company that’s setting the standard for the future of digital finance”.
Blacksheep Technology acted as the exclusive financial advisor for this round, with the funds in the tens of millions of US dollars.
Anthony Zhu, founding partner of Englight Capital, notes: “We see tremendous potential in PhotoPay to become a foundational financial services provider in a future digitalised and AI-native world.”
PhotonPay intends to allocate the funds to the expansion of its stablecoin financial rails, in addition to hiring new employees and broadening its regulatory footprint.
The company supports businesses across a variety of markets, including e-commerce and marketplaces, B2B trade, online travel agencies, and logistics, with its financial operating system and extended ecosystem.
Lewison Chen, founder and CEO of PhotonPay, believes the Series B funding is “fuel that accelerates our mission to connect the global digital economy and defines our role in re-architecting the next decade of global payments infrastructure”.
Commenting on the investment, IDG Capital is “excited to back a category-defining company that’s setting the standard for the future of digital finance”.
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