PhotonPay Raises Tens of Millions in Series B to Pioneer Stablecoin-Centric Financial Infrastructure

Summary

PhotonPay announced a tens‑of‑millions Series B led by IDG Capital to expand its stablecoin‑centric financial infrastructure, which now processes over $30 billion in annualized volume and cuts global transfer costs by 75%. Founder‑CEO Lewison Chen emphasizes that the next‑generation payment stack will be built on stablecoins, AI‑driven risk intelligence, and hybrid banking‑stablecoin settlement to deliver real‑time, frictionless liquidity. The new capital will deepen partnerships with banks like J.P. Morgan and Mastercard, launch enterprise value‑added services such as yield‑generating treasury and credit facilities, upgrade AI compliance tools, and broaden regulatory footprints in the U.S. and emerging markets. Investors highlight Chen’s global vision and the company’s role in re‑architecting core financial processes for a digital, AI‑native economy.