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Digital financial infrastructure PhotonPay completes tens of millions of dollars in Series B funding, led by IDG Capital
ChainCatcher news, an AI-driven digital finance and payment infrastructure platform, PhotonPay has successfully completed a multi-million dollar Series B funding round, led by IDG Capital, with participation from Hillhouse Capital (GL Ventures), Enlight Capital, Lightspeed Faction, and Shoplazza.
The funds will be used to deepen global payment network deployment, upgrade the underlying technology architecture, enhance risk management capabilities, and accelerate global business scaling. PhotonPay plans to launch products such as balance management and flexible credit starting from Hong Kong in 2026, in phases, while simultaneously deploying blockchain-driven payment infrastructure.