[PhotonPay Raises $40 Million in Series C Funding, Led by Blockchain Capital] Odaily reports that PhotonPay has announced the completion of a $40 million Series C funding round, led by Blockchain Capital, with participation from new investor SBI Group, and follow-on investments from IDG Capital, GL Ventures, and Lightspeed Faction. PhotonPay is a Hong Kong-based fintech company dedicated to developing a stablecoin-centric financial operating system, providing multi-asset wallets, global card issuance and local clearing services, and advancing a financial execution layer for AI agents. As of August 2026, PhotonPay's annualized transaction volume reached $65 billion, and it has obtained 34 payment and financial licenses or authorizations in the Americas, Europe, and Asia, serving over 200,000 enterprise clients in more than 200 countries and regions.