Business · Companies · 3 hrs ago

PhotonPay raises $40 million in a round led by Blockchain Capital

PhotonPay raises $40 million in a round led by Blockchain Capital

Hong Kong fintech PhotonPay raised $40 million in a funding round.

Blockchain Capital led the investment.

Japan’s SBI Group joined as a new investor.

Existing backers IDG Capital, GL Ventures and Lightspeed Faction also took part.

The round brought new and existing investors together to fund PhotonPay.

No plans for how the money will be used or what happens next were stated.

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