Stablecoin payments firm dtcpay completes $25M Series A with SBI Group backing

Singapore-based stablecoin payments company dtcpay has closed a $25 million Series A funding round, securing a strategic investment from Japanese financial conglomerate SBI Group.

SBI Group invested through two Singapore-based vehicles — SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund — according to statements from both companies. Neither dtcpay nor SBI disclosed the size of SBI’s contribution or the company’s valuation, Cointelegraph reported.

The round began with a $10 million first tranche led by Vertex Ventures Southeast Asia & India in April 2026, as multiple sources report. Genedant Capital and existing investor Kwee Liong Tek also participated in the round.

dtcpay previously raised $16.5 million in pre-Series A funding in June 2023, according to Cointelegraph.

**Growth and product roadmap**

The company plans to use the funding to scale its product suite and merchant network. Its 2026 roadmap includes an updated business portal for enterprise customers and new consumer features within the dtcpay app, per the several sources.

“We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders,” said Alice Liu, Founder and CEO of dtcpay, as quoted in a press release from AOL. She added that SBI Group’s investment is “validation that compliant, real-world stablecoin payments are not a distant vision but an infrastructure being built right now.”

Band Zhao, Group Chairman of dtcpay, said: “The next chapter for dtcpay is about scale. 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.”

The company provides infrastructure enabling businesses and individuals to accept, store and transact in stablecoins alongside fiat currencies. Its services include a real-time swap engine for stablecoin-to-fiat settlement, point-of-sale support for digital payment tokens and integration with WalletConnect, according to Fintech News Singapore and Cointelegraph.

dtcpay also has a partnership with Visa that introduced a stablecoin-to-fiat Visa Infinite card, enabling multi-currency spend at over 150 million merchant locations worldwide, the AOL press release said. The company was an early player in Asia to integrate WalletConnect, extending stablecoin acceptance across more than 700 wallets.

**Regulatory foundation**

dtcpay holds a Major Payment Institution license from the Monetary Authority of Singapore and an Electronic Money Institution license in Luxembourg, establishing a compliance framework for operations in Singapore, Europe and other markets, multiple sources confirm.

SBI, one of Japan’s largest financial services groups, said the investment supports its efforts to develop a digital asset corridor between Japan and Southeast Asia, according to Cointelegraph.

The investor group also includes Vertex Ventures Southeast Asia & India — part of Vertex Holdings, a wholly owned subsidiary of Temasek Holdings — as well as Genedant Capital, a Singapore-based fund manager with over $2 billion in assets under management and advisory, per the AOL release. Kwee Liong Tek, a prominent Singaporean business leader and existing investor, increased his commitment, according to the same source.

**Industry recognition**

dtcpay’s execution and regulatory positioning earned it awards including Disruptor of the Year and Fintech of the Year at the 2025 Asia Fintech Awards, as well as Fintech Mentor of the Year for Alice Liu at the SFF FinTech Excellence Awards in 2025, according to the AOL press release.

The company also partnered with BNB Chain to accelerate practical stablecoin adoption and enabled Metro department store and Capella Singapore to accept stablecoin payments, the release said.

The completion of the round, anchored by a major Japanese financial institution, underscores a growing trend of traditional finance players backing regulated stablecoin infrastructure as a bridge between digital assets and mainstream payments.