PRNewswire
Singapore, September 18: dtcpay, a Major Payment Institution headquartered in Singapore, at the moment introduced the completion of its US$25 million Series A funding spherical. The spherical was led by Vertex Ventures Southeast Asia & India in April 2026. It is now additional anchored by Japan’s main monetary conglomerate, SBI Group, which is investing each via its subsidiary, SBI Ventures Asset Pte Ltd, and thru the SBI-NTU-Kyobo Digital Innovation Fund. The spherical additionally drew participation from Genedant Capital and present investor, Mr. Kwee Liong Tek, a outstanding Singaporean enterprise chief.
The funding displays institutional confidence in dtcpay’s imaginative and prescient of creating stablecoins as seamless and accessible as conventional monetary companies.
Modern Payment Rails for a Digital Economy
Founded by Alice Liu and Band Zhao, dtcpay bridges digital belongings with conventional finance via infrastructure that allows companies and people to just accept, retailer, and transact in stablecoins. Its real-time swap engine delivers seamless settlement throughout stablecoin and fiat currencies, eliminating the operational friction that has slowed mainstream adoption of digital belongings. Where conventional cross-border transfers through SWIFT and correspondent banking networks are sometimes slowed by multi-day settlement cycles and layered middleman charges, dtcpay settles transactions seamlessly, at a fraction of the price.
dtcpay’s progress has been marked by a collection of early strikes within the stablecoin funds house. The firm launched a Digital Payment Token (DPT) point-of-sale acceptance resolution enabling retailers to just accept stablecoin funds immediately in-store. It additionally was an early participant in Asia to combine with WalletConnect, extending stablecoin acceptance throughout greater than 700 wallets utilized by hundreds of thousands of customers globally. On the buyer facet, its partnership with Visa launched an early stablecoin-to-fiat Visa Infinite card for its prospects within the area. The dtcpay Visa card now permits multi-currency spend throughout each fiat and stablecoins at greater than 150 million service provider areas worldwide.
Beyond product innovation, dtcpay was additionally fast to carry stablecoins to real-world commerce use instances, partnering with BNB Chain to speed up sensible stablecoin adoption and enabling Metro to turn into the primary division retailer in Singapore to just accept stablecoin funds, alongside choose hospitality companions corresponding to Capella Singapore.
This further fundraise permits dtcpay to keep up its tempo of execution, scaling its product suite and service provider community whereas extending its lead in stablecoin funds. It continues to spend money on its product roadmap via the remaining half of 2026, together with a revamped enterprise portal for enterprise purchasers and a collection of recent consumer-friendly options rolled out inside the dtcpay app.
As a MAS-licensed Major Payment Institution in Singapore, and one of many choose few digital cost corporations to carry an Electronic Money Institution license in Luxembourg, dtcpay has constructed a regulatory basis required to function throughout Singapore, Europe, and different strategically necessary markets. This regulatory-first method additionally underpins the reliability of dtcpay’s infrastructure, enabling institutional purchasers to transact with the peace of mind of a totally licensed monetary establishment.
dtcpay’s execution and regulatory management has drawn business recognition, together with Disruptor of the Year and Fintech of the Year on the 2025 Asia Fintech Awards, and Fintech Mentor of the Year for Alice Liu on the SFF FinTech Excellence Awards in 2025. Collectively, these achievements spotlight dtcpay’s means to execute on the intersection of innovation, regulation, and industrial adoption.
Strategic Capital to Fuel Global Expansion
The completion of the Series A brings collectively a various group of buyers whose collective experience spans conventional finance, fintech infrastructure, and world market enlargement. Beyond capital, these buyers contribute strategic community and area experience that may assist help the corporate’s subsequent section of progress.
Vertex Ventures Southeast Asia & India, a part of Vertex Holdings, a completely owned subsidiary of Temasek Holdings, led the preliminary tranche of the spherical. In addition to capital, Vertex brings in depth expertise scaling expertise corporations, offering useful strategic steering rooted in deep Southeast Asian market experience.
SBI Group provides a compelling monetary service and fintech pedigree to the shareholder base. As considered one of Japan’s largest monetary companies teams, SBI operates throughout banking, securities, insurance coverage, asset administration, and digital belongings. It has additionally been among the many most energetic institutional buyers in fintech and digital asset infrastructure globally.
Completing the investor group is Genedant Capital, a Singapore-based fund administration agency licensed by the Monetary Authority of Singapore with over USD 2 billion in belongings underneath administration and advisory, and present investor, Mr. Kwee Liong Tek. Genedant Capital brings in a community of household workplaces, personal wealth buyers and institutional relationships throughout Asia, strengthening entry to strategic capital as dtcpay scales internationally. Mr. Kwee continues to extend his dedication, reflecting his long-term conviction within the firm’s imaginative and prescient of bringing regulated digital cost infrastructure to world markets.
‘We didn’t increase this spherical to maintain what we’ve got constructed. We raised it to basically change how cash strikes throughout borders. SBI Group  has spent a long time shaping monetary infrastructure throughout Japan and past, from banking and securities to blockchain and digital belongings, and their conviction in dtcpay is validation that compliant, real-world stablecoin funds aren’t a distant imaginative and prescient however an infrastructure being constructed proper now. Combined with the enduring belief of Mr. Kwee and the help of Genedant Capital, we’ve got the capital, the community, and the momentum to maneuver into each market that’s prepared for this variation. And we’re simply getting began.’ mentioned Alice Liu, Founder and CEO of dtcpay.
‘The subsequent chapter for dtcpay is about scale. We are strengthening our infrastructure, deepening partnerships with world monetary establishments, and increasing into new regulated markets to make stablecoin funds as seamless and trusted as conventional cost rails. With the backing of our buyers, we’re accelerating our mission to construct the monetary infrastructure that allows companies and customers to maneuver worth globally, immediately, and compliantly,’ mentioned Band Zhao, Group Chairman of dtcpay.
‘dtcpay has made decisive progress in establishing itself because the area’s main regulated cost infrastructure that bridges conventional funds and stablecoins. Beyond execution, we had been impressed by its licensing-led basis, sturdy person expertise, and complete product choices for monetary establishments, corporates, and people. For SBI Group, which is steadily increasing its enterprise footprint throughout Singapore and Southeast Asia, this funding marks the start of a strategic partnership with dtcpay. It additionally displays our broader view to broaden the worldwide hall for digital asset origination between Japan and Southeast Asia via trusted, regulated digital monetary infrastructure,’ commented Eiichiro So, CEO of SBI Ven Capital.
‘dtcpay is constructing the regulated infrastructure that may carry stablecoin funds into on a regular basis commerce.’ mentioned Quek How Jiang, CEO of Genedant Capital. ‘Beyond capital, we look ahead to leveraging our community of strategic buyers, business leaders and institutional relationships to help the corporate’s industrial enlargement and worldwide progress.’
About dtcpay
dtcpay is a Singapore-headquartered cost companies firm constructing a globally licensed cost community that delivers seamless settlement, aggressive pricing, and modern cost options – Tomorrow’s Payments, Today. Licensed by the Monetary Authority of Singapore and holding an Electronic Money Institution licence in Luxembourg, dtcpay is authorised to ship regulated cost companies throughout the European Economic Area. The firm additionally holds licences and registrations in Hong Kong, Australia, the United States, and Canada, bridging digital belongings with conventional finance for companies and people throughout its licensed jurisdictions.
To study extra, please go to https://dtcpay.com/.
About SBI Group
Founded in 1999, the SBI Group is a complete monetary companies group and a pioneer of internet-based monetary companies in Japan, working throughout securities, banking and insurance coverage. Beyond these, the Group can also be energetic in asset administration, personal fairness, crypto-assets, and next-generation companies on a world scale.
Its MAS-regulated Singapore subsidiary, SBI Ven Capital, manages the SBI-NTU-Kyobo Digital Innovation Fund, launched in 2022 to spend money on early-stage digital transformation and digital platform corporations throughout Southeast Asia. The fund was established by the SBI Group with NTUitive (a subsidiary of Nanyang Technological University), and Kyobo Securities (a subsidiary of the Kyobo Life Insurance Group), drawing on the companions’ mixed enterprise experience and ecosystems to again the area’s subsequent era of worldwide aggressive corporations.
To study extra, please go to: https://www.sbivencapital.com.sg
About Genedant Capital
Genedant Capital is a Singapore-based fund administration agency licensed by the Monetary Authority of Singapore. The agency companions with accredited buyers, together with household workplaces and personal wealth people, via a multi-strategy platform spanning personal fairness, enterprise capital, public markets, and bespoke funding options.
With over USD 2 billion in belongings underneath administration and advisory, Genedant Capital combines disciplined funding analysis, institutional danger administration, and deep sector experience throughout areas together with deep tech, healthcare, biotechnology, synthetic intelligence, and digital infrastructure. The agency seeks to ship long-term, risk-adjusted returns whereas supporting high-quality managers and corporations with sturdy progress potential throughout world markets.
To study extra, please go to https://genedant.com/.
Media Contact: dtcpay advertising and marketing staff, [email protected]
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