PhotonPay completes tens of millions of dollars in Series B financing, led by IDG Capital

Foresight News reported that AI-driven digital finance and payment infrastructure platform PhotonPay has completed a tens of millions of US dollars Series B financing round, led by IDG Capital, with participation from GL Ventures, Enlight Capital, Lightspeed Faction, and Shoplazza. The funds from this round will be used to deepen the deployment of its global payment network, upgrade its underlying technology architecture, enhance risk management capabilities, and accelerate global business scaling. PhotonPay plans to launch products such as balance wealth management and flexible credit in phases starting from Hong Kong in 2026, while simultaneously deploying blockchain-driven payment infrastructure.