SINGAPORE – Media OutReach Newswire – 31 October 2026 – Leona Tong, founder and CEO of Singapore-based digital healthcare company OPH Health, was selected for the 2026 Forbes China 100 Most Influential Chinese Selection. The awards ceremony was held on Thursday evening, Oct. 29.
Now in its sixth year, the annual selection recognizes individuals across technology, healthcare, business, investment and sports. Leona joins this year’s honorees as a Value Creator.
Leona founded OPH Health in Singapore in 2023 and leads an international team experienced in large-scale primary healthcare projects. Through collaboration with governments and healthcare organizations, she has led OPH’s expansion into more than 10 countries and regions.
Primary care services are often fragmented, with uneven access to specialist expertise and gaps between screening, treatment and follow-up. OPH integrates medical devices and clinical software to connect care across communities, clinics, hospitals and homes. Its work spans healthcare delivery infrastructure and medical AI, helping frontline providers access specialist resources and coordinate care.
By combining health assessments, telemedicine and clinical software, OPH helps providers coordinate screening, referrals and chronic disease follow-up. This extends care beyond individual appointments and creates a clinical data foundation for medical AI development.
Integrated solutions for public and private healthcare
For public health systems, OPH provides integrated solutions for community screening, referrals between levels of care and regional health information sharing, supporting national primary healthcare programs. Connecting primary care facilities with hospitals helps extend access to specialist expertise and supports earlier detection of health risks, referrals and follow-up.
For private healthcare groups, OPH integrates health assessments, telemedicine and chronic disease management into digital clinic and care management solutions, helping providers deliver ongoing care beyond individual consultations. OPH adapts its solutions to local needs, from building primary care capacity in less-developed countries and regions to supporting clinics and community health services in developed markets.
Integrated tools for frontline care
Primary care workstations bring together screening, outpatient care, chronic disease management and telemedicine, while capturing clinical data. Capsule Clinic provides community-based health assessments and remote consultations. When paired with Smart Pharmacy, it also supports prescription medication pickup. Portable spirometers and companion software support lung function testing and follow-up. Together, these tools help providers bring more services closer to patients.
VIOLA is used in Singapore’s public polyclinics. Its vaccine cabinet and management software help nurses monitor temperatures, verify vaccine retrieval using computer vision, and track inventory and expiration dates. The system maintains traceable records of vaccine handling. Frontline nursing teams contributed to its development and refinement, with project support from OPH Health.
Connecting medical devices and clinical software with AI
OPH is progressively enhancing its distributed medical AI system linking medical devices, clinical software and large AI models. As the system evolves, OPH is integrating data from clinic workstations and home monitoring devices into consultations, referrals and follow-up. AI servers at clinics and hospitals are intended to run models locally to assist with clinical documentation, report interpretation and clinical decision-making. Clinicians would review AI outputs before inclusion in medical records.
OPH is expanding the system’s capacity to maintain a health digital twin for each person: a digital profile updated with test results, clinician-verified records and monitoring data. AI assistants for clinicians and individuals would support care plans, reminders and follow-up between visits. Features derived from clinical data, together with feedback, could support model training, evaluation and improvement, subject to authorization for the intended use and quality review. Model updates would require validation and approval before clinical use. With raw data processed locally under appropriate controls, the system is designed to connect ongoing care with medical AI development.
Hashtag: #OPHHealth
The issuer is solely responsible for the content of this announcement.
Founded in Singapore in 2023, OPH Health Pte. Ltd. develops digital primary care solutions for public health systems and private healthcare providers. Its business spans healthcare delivery infrastructure and medical AI, combining medical devices with clinical software to connect community, clinic, hospital and home-based care. With operations in more than 10 countries and regions worldwide, OPH supports national primary healthcare programs, frontline capacity building and digital upgrades to established clinic networks. Its mission is to advance universal health coverage by making equitable, continuous, high-quality care more accessible.
OPH Health Pte. Ltd.
55 Ayer Rajah Crescent, #06-01, Singapore 139949
Email: [email protected]
Website: www.ophhealth.com
Britain has defended public backing for Rolls-Royce’s return to the narrowbody aircraft engine market, arguing that international competition and the need to protect aerospace employment justify government involvement despite the manufacturer’s strong profits. Industry Minister Blair McDougall said on Friday that governments had traditionally shared the risks associated with developing aircraft engines. His comments followed an agreement between Rolls-Royce and the government on a proposed £2.5 billion […]
OpenAI chief executive Sam Altman met senior Samsung executives in South Korea on Saturday as the companies pursue cooperation on artificial intelligence infrastructure amid mounting pressure on global memory chip supplies. Samsung said approximately 50 executives from its electronics, financial services and biotechnology businesses attended the meeting at its human resources development centre in Yongin, south of Seoul. The discussions focused on how artificial intelligence could transform […]
US President Donald Trump’s description of Norway as a “shithouse country” has prompted a pointed response from its tourism agency, which is promoting the country’s scenic public toilets after his attack over the Nobel Peace Prize. Visit Norway has circulated a campaign highlighting unusual and picturesque lavatories under the slogan “Norway makes shithouses great again”, turning the president’s remarks into an opportunity to advertise the country’s landscapes. […]
QuantumCompute Solutions indirectly owns approximately 85.94% equity interest in Shanghai Tianjing Fulian. Shanghai Tiangjing Fulian is also 5.56%-owned by Foxconn Industrial Internet, the shares of which are listed on the Shanghai Stock Exchange (stock code: 601138.SH). The Shanghai Tianjing Fulian Group is principally engaged in the design and development of AI SoC products and integrated solutions, with a particular focus on low-power, cost-effective AI computing and edge computing applications. Through its chip design capabilities and comprehensive technology solutions, the Shanghai Tianjing Fulian Group has established a solid technological foundation in AI inference and edge-side computing infrastructure. The Shanghai Tianjing Fulian Group is an officially authorised independent chip design house for MediaTek Inc., a leading global semiconductor company.
The Directors believe that the Acquisition will enable the Group to expand its business scope from its existing fintech and computing power services into AI chip design and edge computing infrastructure, thereby strengthening its technology capabilities and building a comprehensive ecosystem encompassing computer infrastructure, AI chips and AI application solutions. This strategic expansion aligns with strong growth in the AI semiconductor, edge computing, and digital infrastructure sectors, driven by rising demand for low-latency, real-time AI solutions as well as supportive government policies promoting semiconductor innovation and digital infrastructure investment.
The Group has appointed Dr. Tang Tianshen as its chief strategic consultant to advise on the the strategic development and operations of the Group’s fintech-related businesses. Dr. Tang holds a doctorate in electronic engineering from Texas A&M University and possesses extensive expertise spanning academic research, advanced chip design, and executive leadership in the semiconductor industry. Dr. Tang has served in senior roles of various leading technology companies, including Intel, Shanghai Hua Hong and SMIC.
The Board considers that the transaction represents an opportunity to acquire immediate access to AI chip design capabilities, specialised technical talent, established technology assets, and growth opportunities in the AI industry. Compared with developing such capabilities internally, the Acquisition is expected to accelerate the Group’s entry into the AI semiconductor and edge computing sectors, shorten development time, and strengthen its competitive position in the evolving digital economy. In the long term, the Acquisition is expected to support the establishment of an ecosystem covering computing infrastructure, AI chips, and AI application solutions, creating sustainable growth drivers and delivering long-term value to shareholders.
Hashtag: #IBS
The issuer is solely responsible for the content of this announcement.
Greenlogue/AP Climate change is causing increasingly severe health damage worldwide, prompting researchers behind the 2026 Lancet Countdown to demand formal recognition of a global health emergency and stronger international action. The assessment, published on Wednesday ahead of the COP31 climate summit, finds that deaths associated with extreme heat, exposure to drought and other climate-related dangers have increased faster than efforts to protect populations. Its authors want the […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 October 2026 – 10 CENTS CAPITAL SDN. BHD. (“10 CENTS CAPITAL”) has completed US$20 million in financing. With the capital, the well-known Malaysian investment holding company is adding three business lines of its own to its investment activities and will deploy the funds in phases, starting in Brazil.
How the capital will be deployed
The three new lines are AI business applications, global multilingual marketing and cross-border B2B trade. Part of the capital will build the technology and service base, including AI tools for customer research, marketing content and localisation, and the service model the business will run on. Another part will support cross-border B2B operations: research, information management and enquiry handling.
The remainder is set aside for market development, beginning with market entry in Brazil, the plan’s first market. Local operations there will be handled by its Brazil operating brand, VIVAMOMENTO.
Strategic rationale
Since 2022, 10 CENTS CAPITAL has backed companies across digital technology, e-commerce, consumer services and enterprise services. The three new lines extend that experience into businesses the company builds and runs itself, in areas it already knows well. Funding technology, service and market development together gives each line a complete foundation from the outset, instead of one assembled piece by piece.
“Completing this financing opens a new chapter for our company,” said 10 CENTS CAPITAL Director Peter LIEW. “We will deploy the capital with discipline, one stage at a time, so that each new business stands on a base strong enough to carry the next.”
Outlook
Deployment will proceed in phases, starting in Brazil, with further markets to follow as the new business develops. 10 CENTS CAPITAL will report progress at tencentscapital.com/news, and business and media enquiries are welcome via the contact page.
Hashtag: #10CENTSCAPITAL
The issuer is solely responsible for the content of this announcement.
10 CENTS CAPITAL SDN. BHD. (Registration No. 202201025952 (1471649-V)) is a well-known Malaysian investment holding company incorporated on 18 July 2022. Focused on business growth and long-term value, it works with companies through capital investment, strategic support and resource connections across four areas: digital technology, e-commerce, consumer services and enterprise services. Company news: 
tencentscapital.com/news.
India Blockchain Week 2026 will bring cryptocurrency executives, financial regulators and technology developers to Mumbai on November 1 and 2, with institutional adoption of blockchain and digital assets occupying a prominent place on the conference agenda. The fourth edition, organised by Web3 investment firm Hashed Emergent, will take place at Fairmont Mumbai. It marks the event’s first move to the financial centre after three editions in Bengaluru, […]
By Dr. Gyan Pathak PM Narendra Modi led Government has been successfully marketing its slogan “Affordable medicine for all” ever since it started implementation of Jan Aushadhi scheme under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) launched in 2015-16, but on the ground level pharmaceutical companies and hospitals were allowed to charge exorbitant and unaffordable prices, […]
The article Government Marketing Its Slogan “Affordable Medicine For All” appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Nasdaq Dubai marked the listing of a $500 million sukuk from Sharjah Islamic Bank on Thursday, following an offering that attracted $1.3 billion in investor orders, more than twice the amount available. The five-year, senior unsecured Islamic financing instrument, issued through SIB Sukuk Company III Limited, carries a profit rate of 5.850 per cent and matures in September 2031. The securities are listed […]
SINGAPORE – Media OutReach Newswire – 30 October 2026 – Ridger, an AI infrastructure company, today announced the official delivery of its MUX private AI solution to Shum Wong & Co., Solicitors in Hong Kong. The solution features MIMO, the world’s first AI-native storage system, making Shum Wong & Co., Solicitors the first law firm in Hong Kong Northern Metropolis to deploy it.
Representatives from Ridger, Shum Wong & Co., Solicitors, xFusion, and Fadada’s RicheeAI team attended the delivery ceremony. During the event, Ridger presented the firm with the “Global AI Pioneer Law Firm” certificate in recognition of its forward-looking investment in private AI infrastructure.
The solution brings together AI-native storage and compute infrastructure, a dedicated large language model (LLM) environment, and AI applications tailored to legal workflows. Operating entirely within the firm’s own security perimeter, it marks a significant step toward enabling Hong Kong’s legal profession to harness the productivity of generative AI while safeguarding client data and meeting compliance requirements.
About the Deployment
In space-constrained Hong Kong, Ms. Careen H.Y. Wong, Founding Partner of Shum Wong & Co., Solicitors and Vice President of The Law Society of Hong Kong, set aside room in the Firm’s latest office in the Northern Metropolis for a standard equipment rack, ready for on-premise AI. It is more than a space decision: it reflects her view of the future of legal services—that while harnessing AI to improve efficiency, a firm must retain control of its data and technology boundaries, so that sensitive materials are always properly protected.
Under the engagement, Ridger built a privately owned, independently operable AI foundation for Shum Wong & Co., Solicitors, comprising high-performance storage and data infrastructure optimized for AI workloads, together with a dedicated LLM platform over which the client retains full control of model weights and the inference environment. The platform supports use cases including contract review and risk flagging, legal research and case-law retrieval, large-scale document review in due diligence, drafting and multilingual translation of legal documents, and internal Knowledge Base question answering. It also provides role-based access control, tiered permissions, comprehensive audit trails and content provenance to meet enterprise-grade governance requirements.
Called MUX, the private solution lets the firm begin with no barrier and without capital-intensive build-out or a dedicated server room, scaling on demand; it natively supports Hong Kong’s common law system and integrates seamlessly with existing systems such as email, document management and calendar, embedding AI into lawyers’ daily work. MUX can be ordered directly through Ridger’s website (https://ridger.tech), out of the box.
The delivery reflects the collaboration of legal expertise, AI infrastructure, compute platforms and industry applications: Shum Wong & Co., Solicitors defined the requirements for data confidentiality and on-premise deployment from its actual practice; Ridger provided the end-to-end MUX solution and led its design and integration; xFusion supplied the FusionXpark local AI compute platform and technical support; and Fadada provided the Richee Legal AI Agent Platform, leveraging specialized AI agents and skills to support lawyers in their daily work and improve workflow efficiency. Ridger notes that while an AI model determines capability for a moment, AI infrastructure determines long-term competitiveness.
Why Private AI Matters for the Legal Sector
1. Safeguarding client confidentiality and legal professional privilege
Client materials, transaction documents and dispute information handled by law firms are protected by legal professional privilege (LPP) and strict professional duties of confidentiality. Disclosure to third parties—including public cloud services—may be treated as a waiver of privilege, causing it to be lost and the materials to become disclosable in subsequent proceedings. Private deployment keeps storage, processing and inference entirely within the firm’s own environment, with no disclosure to external providers, preserving privilege and confidentiality at source.
2. Embedding data sovereignty and regulatory compliance
The solution aligns with Hong Kong’s Personal Data (Privacy) Ordinance (Cap. 486) and is designed with reference to the Privacy Commissioner’s “Checklist on Guidelines for the Use of Generative AI by Employees” and the “Model Framework on AI: Personal Data Protection,” as well as The Law Society of Hong Kong’s 2024 position paper on the impact of AI on the legal profession and the Manifesto on “Legal Ethical Code of Conduct Regarding the Deployment of AI.” It embeds the principles of lawfulness, transparency, traceability, interpretability, security and appropriate human oversight into a unified AI governance framework.
For a firm handling cross-border work, the same private environment also addresses the requirements of the major jurisdictions: for Mainland China, it aligns with the Personal Information Protection Law, the Data Security Law and data-export mechanisms such as security assessments and standard contracts; for Europe, it maps to the EU General Data Protection Regulation (GDPR) and standard contractual clauses; for the United States, it meets the confidentiality and competence duties under the ABA Model Rules of Professional Conduct and Formal Opinion 512 on generative AI. Because data always remains within the firm’s own perimeter, the firm can confidently meet local data-confidentiality and regulatory expectations wherever its clients are based.
3. Eliminating the hidden risk of “shadow AI”
Where a firm offers no convenient, approved AI tool, individual lawyers may turn to consumer-grade public chatbots for work, creating “shadow AI” that sits outside IT and compliance visibility—unapproved, unlogged and unaudited, with unknown data flows and no clear accountability. MUX channels that demand into a single, visible, auditable controlled environment, giving lawyers the efficiency they want while bringing every use under the institution’s governance and oversight.
4. Keeping institutional knowledge within the firm
The case law, templates and practical know-how accumulated by a firm are core competitive assets. A private platform continuously refined on the firm’s own corpus keeps these assets within the institution and compounds their value over time, rather than depositing them with an external vendor.
5. Ensuring control and business continuity
Private deployment insulates the firm from external API changes, model versioning, service outages or shifts in vendor strategy, giving it full control over capabilities, upgrade timing, cost and availability — a foundation for durable, long-term AI adoption.
Executive Quotes
“For industries built on trust and confidentiality, such as the law, the value of AI should never come at the price of data sovereignty,” said Ray Hu, General Manager Asia-Pacific Region of Ridger. “Private deployment lets a firm turn generative AI into auditable, governable and sustainable productivity without crossing confidentiality lines. We are proud to set this benchmark with Shum Wong & Co., Solicitors”
Ray Hu, General Manager Asia-Pacific Region, Ridger
“In Hong Kong, office space is scarce and precious, but data sovereignty is worth setting aside a place for. Building our own AI infrastructure lets us embrace AI while always safeguarding our clients’ trust and the boundaries of our profession.”
Careen H.Y. Wong, Founding Partner, Shum Wong & Co., Solicitors, Solicitors
Hashtag: #Ridger #MIMO #MUX #PrivateAI #LegalAI #AIInfrastructure #HongKong
https://ridger.tech
https://www.linkedin.com/company/ridger/
The issuer is solely responsible for the content of this announcement.
Ridger is a technology company focused on data and storage infrastructure for the AI era. The company provides private, high-performance AI infrastructure and solutions that enable enterprises to deploy and run large models and AI applications within their own security perimeter. Through its proprietary storage and data management technologies, Ridger helps clients safeguard data sovereignty, security and compliance while fully realizing the business value of artificial intelligence.
Hill’s will also collaborate with veterinarians and pet care professionals to promote nutrition education, encouraging owners to incorporate nutritional management into preventive healthcare plans from an early stage.
Pet Food for Senior Dogs and Senior Cats Support Life-Stage Nutrition
The South China Morning Post, citing a recent survey, reported that Hong Kong cat owners spend an average of approximately HK$2,062 per cat each month, with expenditure increasing year on year. This reflects owners’ continued investment in pet healthcare and nutrition.
Ageing is a gradual process. Pets may experience increased digestive sensitivity, reduced activity, changes in immune function and a greater burden on the kidneys over time. Hill’s encourages owners to pay closer attention to everyday nutrition and adopt a proactive approach to health management through their pets’ diets.
When selecting pet food for senior dogs and pet food for senior cats, Hill’s recommends that owners work with their veterinarians to consider each pet’s age, breed, lifestyle and health status. Its life-stage ranges include options for mature and senior pets, alongside everyday and prescription nutrition for individual dietary needs
Prebiotics for Dogs and Cats Support a Healthy Gut Microbiome
Hill’s identifies gut health as an important factor in supporting pets’ immune health. To address the changing nutritional needs of aging pets, the company continues to advance the application of prebiotic fibres in its cat and dog food formulations.
According to Hill’s, these fibres nourish beneficial gut bacteria, helping maintain a balanced gut microbiome and supporting normal digestive function. A well-functioning digestive system helps pets absorb nutrients from food, supporting skin and coat condition, daily energy levels and overall vitality as they progress through mature and senior life stages.
Drawing on research published in Nature Reviews Immunology and the Journal of Animal Science, the original release states that approximately 70% to 90% of immune cells are located in the gut. It highlights the importance of a healthy gut environment in defending against external pathogens, supporting intestinal barrier function and maintaining overall health.
Improving Gut Health in Dogs and Cats Through Tailored Nutrition
For pet owners wondering how to improve their dog’s or cat’s gut health, Hill’s promotes a tailored nutritional approach. According to the company, prebiotic fibres nourish beneficial gut bacteria, helping maintain a balanced gut microbiome and supporting normal digestive function. Hill’s encourages owners to work with their veterinarians to select appropriate food based on each pet’s life stage, digestive needs and overall health.
According to Hill’s product information, cat and dog foods featuring ActivBiome+ Multi-Benefit technology combine fructooligosaccharides (FOS), oat beta-glucan fibre and antioxidant vitamins to provide balanced nutritional support. The company describes the technology as a blend of prebiotic fibres and antioxidants designed to support digestion, immune system health, vitality and overall organ health.
Selected Hill’s products also offer targeted nutritional solutions, including ActivBiome+ Digestion for digestive health and ActivBiome+ Kidney Defense for kidney-related nutritional needs. These solutions are intended for pets with specific or multiple nutritional requirements, following veterinary assessment
Hill’s Partners with Veterinary Teams to Promote Lifelong Care
Beyond product development, Hill’s will continue working with veterinary teams and pet care professionals to strengthen nutrition education and help owners recognise their pets’ changing needs throughout life.
Dr Karen Shenoy, Hill’s Global Chief Veterinary Officer, said: “Every meal is an opportunity to improve a pet’s health and wellbeing. At Hill’s, the veterinary profession has always been at the heart of what we do. We are committed to being their partner, helping them address evolving health needs through innovative and continuously improved pet nutrition.”
Hill’s encourages owners to schedule regular veterinary check-ups and review their pets’ diets in line with professional advice, making daily nutrition part of a consistent, lifelong approach to health and wellbeing.
Hashtag: #PetFoodForSeniorDogs #PetFoodForSeniorCats #PrebioticsForDogs #PrebioticsForCats #SeniorPetNutrition #HillsPetNutrition #ActivBiomePlus #PetGutHealth
https://www.hillspet.hk/zh-hk
https://www.facebook.com/HillsPetHongKong
https://www.instagram.com/hillspethk/#
https://www.youtube.com/@hillspethk
The issuer is solely responsible for the content of this announcement.
Hill’s Pet Nutrition is a science-led pet nutrition company with more than 75 years of history, dedicated to enriching and extending the bond between people and their pets. Its product ranges include Hill’s Science Diet and Hill’s Prescription Diet, providing cats and dogs with the nutrition they need every day.
Publicly listed companies now hold approximately 1.3 million Bitcoin, an increase of 31% over 14 months, although most of the expansion came from a single company, according to new figures released by blockchain analytics firm CryptoQuant. Strategy, the Bitcoin investment company chaired by Michael Saylor, accounted for 71% of the increase in corporate holdings, highlighting the growing concentration of digital assets among listed businesses despite wider adoption […]
LiveWire Group, the electric motorcycle manufacturer controlled by Harley-Davidson, has warned that it may be unable to continue operating over the next year, citing mounting financial pressures and insufficient liquidity. The company disclosed the warning on Thursday alongside third-quarter results, saying recurring operating losses, negative operating cash flows and anticipated funding requirements raised substantial doubt about its ability to remain a going concern. It is examining financing […]
Texas regulators have suspended permits linked to new data centres as Governor Greg Abbott seeks to curb a construction boom that has provoked voter opposition ahead of November’s midterm elections. The Texas Commission on Environmental Quality confirmed this month that it had paused permits for construction and infrastructure directly supporting data centres. The commission provided its account after a watchdog examination of permitting records highlighted possible gaps […]
HONG KONG SAR – Media OutReach Newswire – 29 October 2026 – PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.
The new capital will support the expansion of PhotonPay’s stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.
As of August 2026, PhotonPay’s annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.
As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.
“Moving money across borders in seconds means little if it still takes days to put that capital to work,” said Lewison Chen, Founder and CEO of PhotonPay. “Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever.”
“At the same time, business software is becoming increasingly autonomous,” Chen added. “AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for.”
Moving Money Across Assets and Markets
PhotonPay’s Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.
Stablecoins sit at the core of this architecture. PhotonPay’s multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.
Supporting this dual-rail infrastructure is PhotonPay’s established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.
Global card issuing extends these capabilities into programmable business spending. Through PhotonPay’s APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.
Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.
From Financial Intent to Agentic Commerce
As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.
In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.
Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.
To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.
PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.
“Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries,” said Chen.
Simple on the Surface, Deep by Design
The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.
While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.
For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.
“AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them,” said JP Pi, Chief Compliance Officer at PhotonPay. “Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it.”
PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil’s Pix and Mexico’s SPEI, form the backbone of this network.
The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.
“Businesses want one provider that can handle their payments across currencies and markets, whether they’re using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay’s ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments.” – BCAP，Yuanhan Li，Partner
“As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay’s established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group’s strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay’s continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem.” – Eiichiro So, CEO & Managing Director of SBI Ven Capital
Hashtag: #PhotonPay #SeriesC #Stablecoin
The issuer is solely responsible for the content of this announcement.
Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.
PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.
For more information, visit www.photonpay.com.
Arabian Post Staff -Dubai More than 250 senior maritime executives are expected in Dubai on 12 November for the inaugural Seatrade Maritime UAE Summit, where shipping disruption, supply chain resilience and changes in global trade will dominate discussions. Seatrade Maritime is organising the gathering with DP World as host partner at Madinat Jumeirah. The programme will include the unveiling of the 2026 Leading Maritime Cities report prepared […]
Arabian Post Staff -Dubai The United Arab Emirates and Canada have signed a Comprehensive Economic Partnership Agreement to lower trade barriers and encourage bilateral investment. The agreement was signed in Ottawa on 27 October by UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi and Canada’s Minister of International Trade Maninder Sidhu. Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and […]
During its stay in Hong Kong, the delegation visited the CCPIT Representative Office in Hong Kong. It held discussions with CMA and co-hosted the Hainan Free Trade Port (Hong Kong) Economic and Trade Cooperation Exchange Meeting with FHKI. The event showcased the policies, key industrial layout and investment opportunities of the Hainan Free Trade Port (FTP), and arranged one-on-one business matchmaking between Hainan and Hong Kong enterprises.
Wang Yuyuan, Vice President of the China Council for the Promotion of International Trade Hainan Sub-council (CCPIT Hainan) and China Chamber of International Commerce Hainan Chamber of Commerce, noted that since the official launch of island-wide special customs operations at the Hainan FTP on December 18, 2025, 174,000 new enterprises have been registered, representing a year-on-year surge of 95.9 percent. Newly established foreign-invested enterprises rose by 35.8 percent year on year. In the first half of this year, inbound and outbound tourist arrivals exceeded 70 million, up 28 percent year on year, with the number of visa-free entry countries expanding to 88. From January to August, the province’s total goods import and export volume hit 250 billion yuan, growing by 61.5 percent year on year. Hainan is rapidly emerging as a critical gateway connecting China with the rest of the world and a prime channel for two-way investment.
According to CCPIT Hainan, Hong Kong ranks as a major source of foreign investment for Hainan. In the first half of this year, Hainan registered 1,303 new foreign-invested enterprises, an increase of 38.62 percent year on year, with Hong Kong-funded enterprises accounting for the lion’s share. Hainan has issued offshore RMB local government bonds in Hong Kong for four consecutive years, with a cumulative issuance volume reaching 18 billion yuan.
CMA is one of Hong Kong’s most representative non-profit industrial and commercial bodies, with around 3,000 member enterprises. It has long provided members with business services including exhibitions, brand promotion, testing and certification. FHKI, one of Hong Kong’s four major chambers of commerce, has approximately 2,000 corporate members. It focuses on boosting the sustained development of Hong Kong industry and manufacturing through policy advocacy, business matchmaking, certification services and youth talent cultivation.
The two memoranda explicitly stipulate that the two sides will establish a regular liaison mechanism, build a long-term cooperation platform covering information sharing, business matchmaking, exhibition collaboration and professional services, and provide solid support for pragmatic business cooperation between Hainan and Hong Kong enterprises.
Source: China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan)
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