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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PhotonPay, a digital finance and payment infrastructure provider, has raised tens of millions of US dollars in Series B funding, led by IDG Capital.
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Iran's Revolutionary Guard moved $1 billion through UK-registered crypto exchanges, report finds
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a16z announced the completion of a $15 billion funding round, which will focus on investments in AI and crypto.
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The US spot Bitcoin ETF saw a net outflow of $400.24 million yesterday.
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