Singapore-based payment institution dtcpay has successfully extended its Series A funding round to US$25m, with Japan’s SBI Group joining as a strategic investor. Initially led by Vertex Ventures Southeast Asia and India in April 2026, the round also saw participation from Genedant Capital and existing investor Kwee Liong Tek.
The investment underscores confidence in dtcpay’s mission to integrate stablecoins into mainstream financial services. Founded by Alice Liu and Band Zhao, dtcpay facilitates seamless transactions between digital assets and traditional finance, aiming to reduce the operational friction associated with cross-border transfers. Its real-time swap engine allows for efficient settlement across stablecoin and fiat currencies.
dtcpay has been a pioneer in stablecoin payments, launching a Digital Payment Token point-of-sale solution and partnering with Visa to offer a stablecoin-to-fiat Visa Infinite card. This card enables multi-currency spending at over 150 million merchant locations worldwide. The company has also collaborated with BNB Chain to promote stablecoin adoption in real-world commerce.
With the new funding, dtcpay plans to expand its product offerings and merchant network, focusing on scaling its stablecoin payment infrastructure. The company holds significant regulatory licences, including from the Monetary Authority of Singapore and an Electronic Money Institution licence in Luxembourg, allowing it to operate across key markets.
Alice Liu, CEO of dtcpay, stated, “We raised this round to fundamentally change how money moves across borders.” Band Zhao, Group Chairman, added that the company is set to deepen partnerships with global financial institutions and expand into new regulated markets.
