Singapore's dtcpay secures US$25M Series A, SBI Group invests
Fintech firm dtcpay has closed its Series A funding at US$25 million, with Japan's SBI Group joining the round. The company will expand its stablecoin payment offerings and merchant network.
dtcpay closes US$25 million Series A
Singapore-based fintech company dtcpay has concluded its Series A funding round, raising a total of US$25 million. The latest capital injection comes from Japan's SBI Group, which invested through its SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. This investment expands on an initial US$10 million secured in March.
dtcpay provides infrastructure allowing businesses and consumers to transact using stablecoins alongside traditional currencies, including a real-time swap engine for digital assets and fiat, point-of-sale support, and integration with WalletConnect.
Key investors and expansion plans
The initial US$10 million tranche in March was led by Vertex Ventures Southeast Asia & India. Genedant Capital and existing investor Kwee Liong Tek also participated in the round. dtcpay intends to deploy the new funds to broaden its product range and grow its merchant network.
Its strategic roadmap for 2026 includes developing an enhanced business portal for enterprise clients and introducing new functionalities for the dtcpay application, aiming to strengthen its digital payment token services.
Licences and market positioning
dtcpay operates with a Major Payment Institution licence from the Monetary Authority of Singapore (MAS), demonstrating its adherence to regulatory standards in a key Asian financial hub. The company also holds an Electronic Money Institution licence in Luxembourg, supporting its international operations.
Alice Liu, dtcpay's Founder and CEO, stated that SBI Group's investment validates the firm's approach to compliant, real-world stablecoin payments. This positions dtcpay to build out the necessary infrastructure for widespread adoption of digital asset transactions.
This funding round enables dtcpay to scale its operations and deepen partnerships with global financial institutions. Band Zhao, dtcpay's Group Chairman, highlighted plans to expand into new regulated markets, making stablecoin payments as trustworthy as conventional payment systems.
For businesses and consumers in Asia, this means greater access to infrastructure that facilitates instant and compliant global value transfer. The firm's partnership with Visa for a card allowing spending across fiat and stablecoins at Visa-supported merchants further integrates digital assets into mainstream commerce, potentially driving broader adoption across the region.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
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