PhotonPay raises $40M Series C for stablecoin-focused financial OS platform

PhotonPay raised $40M a funding round on October 30, 2026.

Primary

PhotonPay

Amount

$40M

Date

October 30, 2026

Sub-sector

Crypto / Stablecoin

Signals continued investor appetite for stablecoin infrastructure and crypto rails. For founders in embedded finance or B2B payments, demonstrates an alternative capital-efficient path to building financial OS layers, though stablecoin adoption remains regulatory uncertain.

Primary company

PhotonPay

Counterparty

Not disclosed

Amount

$40M

Event date

October 30, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com