PhotonPay
PhotonPay provides a stablecoin-native payment operating system that unifies fiat and digital currency flows for global businesses. The platform enables checkout acceptance in any currency with automatic settlement, instant payouts across 200+ markets via dual fiat and stablecoin rails, and virtual card issuance backed by either asset type. It processes over $60 billion in annual transaction volume with 99.9% uptime and compliance features like Travel Rule enforcement built into every jurisdiction.
- Financial Technology
- Blockchain & Cryptocurrency
- Software Only
Funding
Raised to date
$40MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 2 rounds
ECGVHILF+2$40M · Series C
Announced Oct 2026 · from article date
Disclosed cumulative: $40M
Founders
Founder details are not available yet.
Product
Problem
Global businesses face fragmented payment infrastructure that forces them to choose between traditional fiat banking rails and emerging stablecoin networks, creating friction in cross-border transactions. Slow settlement times, limited currency options, high conversion costs, and manual reconciliation processes hinder efficient global commerce, particularly for companies operating across multiple jurisdictions.
Solution
PhotonPay provides a next-generation payment operating system built on stablecoin infrastructure that unifies fiat and digital currency payment flows. The platform offers checkout acceptance in any currency with automatic settlement in the user's chosen currency, instant global payouts via dual fiat and stablecoin rails, virtual and physical card issuance, and multi-currency wallets. Businesses can automate recurring billing, convert currencies 24/7 at transparent rates with zero last-look slippage, and manage invoicing and payment links that bridge fiat and stablecoins. The system includes automated reconciliation and full transaction visibility, with compliance features such as Travel Rule enforcement and transaction screening built into every jurisdiction.
Target Audience
Primary customers are global businesses including e-commerce platforms, travel companies, payroll providers, B2B trading firms, and digital advertising agencies that need cross-border payment capabilities spanning fiat and stablecoin networks.
Features
- Multi-rail connectivity across 200+ markets, with local fiat corridors and stablecoin networks operating in parallel
- One API for integrating payment flows, automating conversions, and orchestrating global money movement
- 24/7 currency conversion between fiat and stablecoins with transparent pricing and zero last-look slippage
- Instant payouts via on-chain transfers, account-to-account transfers, e-wallets, and cards
- Virtual card issuance in seconds and physical cards on demand, backed by stablecoins or fiat
- Automated reconciliation with full transaction visibility and audit-ready reporting
- 99.9% uptime, independent security audits, and certified institutional-grade architecture
- Compliance-focused infrastructure with Travel Rule enforcement and transaction screening across jurisdictions