PhotonPay, a digital finance and payment infrastructure provider, has raised tens of millions of US dollars in Series B funding, led by IDG Capital.
digital finance and payment infrastructure PhotonPay announced the completion of tens of millions of dollars in Series B financing, led by IDG Capital, with participation from GL Ventures, Enlight Capital, Lightspeed Faction, and Shoplazza. The new funds will support the deployment of blockchain-driven next-generation payment infrastructure, using smart contracts to reshape the automation and transparency of global settlement, reduce transaction friction and circulation costs, and enhance AML (anti-money laundering) and anti-fraud systems.
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