Singapore-based stablecoin payments firm dtcpay has finalized its $25 million Series A investment round, featuring participation from Japan’s SBI Group as a strategic backer.
As stated in a Friday statement, SBI Group deployed capital through both its subsidiary, SBI Ventures Asset Pte Ltd, alongside the SBI-NTU-Kyobo Digital Innovation Fund.
Vertex Ventures Southeast Asia & India spearheaded the initial segment of the fundraising unveiled in April. Genedant Capital as well as returning backer Kwee Liong Tek, a well-known Singaporean entrepreneur, likewise took part in the financing.
The business explained that the new funds enable it to expand its product offerings and merchant ecosystem, featuring an upgraded business dashboard for corporate users as well as fresh consumer-centric capabilities integrated into the dtcpay application.
"We did not raise this round to sustain what we have built," Alice Liu, founder and CEO of dtcpay, expressed in the announcement. "We raised it to fundamentally change how money moves across borders."
The finalization of the Series A follows the payment enterprise disclosing a $16.5 million pre-Series A round back in June 2023.
Bridging the gap
Established in 2019, dtcpay notes that it connects digital assets with conventional finance utilizing architecture that empowers enterprises and consumers to receive, hold, and execute transactions using stablecoins, based on the release.
"Where traditional cross-border transfers via SWIFT and correspondent banking networks are often slowed by multi-day settlement cycles and layered intermediary fees, dtcpay settles transactions seamlessly, at a fraction of the cost," the organization declared.
The firm rolled out a digital payment token point-of-sale offering, enabling retailers to process stablecoin transactions right at their physical locations. It has additionally teamed up with Visa to launch a stablecoin-to-fiat Visa Infinite card aimed at users located in Singapore.
"The next chapter for dtcpay is about scale," mentioned Band Zhao, chairman of dtcpay. "We are strengthening our infrastructure, deepening partnerships with global financial institutions, and expanding into new regulated markets to make stablecoin payments as seamless and trusted as traditional payment rails."
Monthly Venture Funding by Category (The Block)
Originally published at https://www.theblock.co/news/business/2026-09-18-dtcpay-series-a-sbi-group-415483.
