# PhotonPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/photonpay

- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.photonpay.com
- Total disclosed funding: $40M
- Latest round: Series C (Oct 31, 2026)
- Investors on record: 8

## About

Founded in 2015 and headquartered in Hong Kong, Shenzhen PhotonPay Technology Co., Ltd. offers payment processing solutions and has consistently focused on improving its service capabilities. The company has not undergone significant pivots but has remained dedicated to enhancing its offerings in the digital payment landscape. PhotonPay is led by a team with relevant industry experience that has previously founded other financial technology companies. In January 2026, PhotonPay raised Series B funding led by new investor IDG Capital, with participation from new investors GL Ventures, Faction, Enlight Capital and Shoplazza.
PhotonPay offers a comprehensive suite of payment solutions designed to facilitate seamless transactions in the global digital economy. The company's core product offerings include online payment processing, global accounts for managing multiple currencies, payout services, and a dedicated PhotonPay Card for streamlined transactions. These services cater to a diverse clientele, encompassing businesses ranging from small startups to large enterprises, enabling them to efficiently handle cross-border payments and manage foreign exchange (FX) transactions. PhotonPay's solutions are particularly beneficial for e-commerce platforms, digital service providers, and enterprises looking to enhance their payment infrastructure across various geographical markets, including Asia, Europe, and North America. With a focus on embedded finance, PhotonPay strives to integrate financial services into existing platforms, thereby addressing the evolving needs of businesses in an increasingly interconnected world.
PhotonPay generates revenue primarily through transaction fees associated with its payment processing services, as well as subscription models for its global accounts and financial management tools. The structure of transactions typically involves businesses subscribing to PhotonPay’s services and paying fees based on the volume of transactions processed or the value of services rendered. For instance, a retailer utilizing PhotonPay's payment solutions may incur fees for each transaction processed via the platform, while a B2B client could engage in a partnership for ongoing access to global accounts and FX management tools, with a fixed monthly subscription fee. The company's flagship services, including the PhotonPay Card and embedded finance solutions, further contribute to its revenue streams by simplifying the payment process for end-users and enhancing overall transaction efficiency.

## Funding rounds

- Series C, Oct 31, 2026, $40M — Blockchain Capital, GL Ventures, IDG Capital, Lightspeed Faction, SBI Group
- Series B, Jan 9, 2026 — IDG Capital, Shoplazza, GL Ventures, Faction, Enlight Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B, Series C
- Shoplazza — Series B
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series B, Series C
- Faction (https://capitalatlas.ai/funds/faction) — Series B
- Enlight Capital — Series B
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series C
- Lightspeed Faction — Series C
- SBI Group — Series C