# Polygon Labs Raising $100M for Payments Business: The Information

*Author: Jack Inabinet*
*Published: Apr 8, 2026*
*Source: https://www.bankless.com/fr/read/news/polygon-labs-raising-100m-for-payments-business-the-information*

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According to a [report](https://www.theinformation.com/articles/polygon-labs-talks-raise-100-million-payments-business?preview=true) from *The Information*, Polygon Labs is in early talks to raise up to $100M to launch a new stablecoin payments business.  

### What's the Scoop?
- **Cash Raise:** Citing anonymous sources familiar with the talks, *The Information* [reports](https://www.theinformation.com/articles/polygon-labs-talks-raise-100-million-payments-business?preview=true) that Polygon Labs is seeking $100M to build a new stablecoin payments business. The firm is allegedly selling equity shares worth between $50M to $100M in its new stablecoin venture.
- **Foundational Services:** In January, Polygon [acquired](https://polygon.technology/blog/polygon-labs-to-acquire-coinme-and-sequence-to-offer-regulated-stablecoin-payments-in-the-u-s) crypto startups Coinme and Sequence for a combined $250M. The former is a licensed money transmitter in 48 U.S. states that provides on and off-ramp services for crypto users, and the latter is a crypto wallet infrastructure provider.
- **Token Slump:** POL briefly doubled to start 2026, but the rally quickly unraveled. The token swiftly erased those gains – staring down the barrel of fresh all-time lows since February – and now sits ~97% below its December 2021 peak. While token holders will not likely to receive any direct benefits from a completed raise, Polygon's payment business will aim to increase transaction activity within the Polygon ecosystem.

> Scoop: Polygon Labs is in early talks to raise up to $100 million to launch a new stablecoin payments business, according to sources.It's rare for a blockchain developer to enter regulated payments business. With this move, Polygon hopes to drive stablecoin volume on its…— Yueqi Yang (@Yueqi_Yang) [April 8, 2026](https://twitter.com/Yueqi_Yang/status/2041875035745366192?ref_src=twsrc%5Etfw)