PhotonPay Raises $40M Series C For Stablecoin Payments OS
PhotonPay closed a $40 million Series C led by Blockchain Capital on October 29, 2026, to expand its stablecoin-focused financial operating system for cross-border payments.
Company intelligence
As of October 28, 2026, PhotonPay has raised at least $40M in equity across 1 sourced funding round.
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| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Oct 28, 2026 | Series C | $40M | — | Blockchain Capitalunverified WithSBI HoldingsunverifiedIDG CapitalunverifiedBlockchain Capital on October 292026Hillhouse Investment via GL VenturesEnlight Capital+2 more | The SaaS NewsPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
PhotonPay has raised at least $40M in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $40M Series C in October 2026, reported by The SaaS News. Debt financing, tender offers and secondary sales are not counted.
Lead investors in PhotonPay's sourced funding rounds include Blockchain Capital. Per round: its October 2026 Series C was led by Blockchain Capital.
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.