Hong Kong2026.10.30Fintech News HK

PhotonPay Raises US$40 Million in Series C to Expand Stablecoin Payments

• PhotonPay, a Hong Kong-based payments company, raised US$40 million in a Series C round.
• The round was led by Blockchain Capital, with SBI Group also joining as an investor.
• Funds will expand PhotonPay's stablecoin-focused Financial OS, including multi-asset wallets, global card issuing, local clearing infrastructure, and AI-driven financial services.