Techub News: Stablecoin payment infrastructure provider PhotonPay announces the completion of a multi-million dollar Series B funding round, led by IDG Capital, with participating investors including Hillhouse Investment, Enlight Capital, Lightspeed Faction, and Shoplazza. Blacksheep Technology served as the exclusive financial advisor. The funds will be used to accelerate the expansion of its stablecoin financial payment channels, recruit key talent, and expand its global regulatory compliance footprint, with a focus on the United States and some emerging markets.
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Techub News: Stablecoin payment infrastructure provider PhotonPay announces the completion of a multi-million dollar Series B funding round, led by IDG Capital, with participating investors including Hillhouse Investment, Enlight Capital, Lightspeed Faction, and Shoplazza. Blacksheep Technology served as the exclusive financial advisor. The funds will be used to accelerate the expansion of its stablecoin financial payment channels, recruit key talent, and expand its global regulatory compliance footprint, with a focus on the United States and some emerging markets.