SINGAPORE, Sept. 18, 2026 /PRNewswire/ — dtcpay, a Major Payment Institution headquartered in Singapore, today announced the completion of its US$25 million Series A funding round. The round was led by Vertex Ventures Southeast Asia & India in April 2026. It is now further anchored by Japan’s leading financial conglomerate, SBI Group, which is investing both through its subsidiary, SBI Ventures Asset Pte Ltd, and through the SBI-NTU-Kyobo Digital Innovation Fund. The round also drew participation from Genedant Capital and existing investor, Mr. Kwee Liong Tek, a prominent Singaporean business leader.
The investment reflects institutional confidence in dtcpay‘s vision of making stablecoins as seamless and accessible as traditional financial services.
Modern Payment Rails for a Digital Economy
Founded by Alice Liu and Band Zhao, dtcpay bridges digital assets with traditional finance through infrastructure that enables businesses and individuals to accept, store, and transact in stablecoins. Its real-time swap engine delivers seamless settlement across stablecoin and fiat currencies, eliminating the operational friction that has slowed mainstream adoption of digital assets. 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.
dtcpay’s growth has been marked by a series of early moves in the stablecoin payments space. The company launched a Digital Payment Token (DPT) point-of-sale acceptance solution enabling merchants to accept stablecoin payments directly in-store. It also was an early player in Asia to integrate with WalletConnect, extending stablecoin acceptance across more than 700 wallets used by millions of consumers globally. On the consumer side, its partnership with Visa introduced an early stablecoin-to-fiat Visa Infinite card for its customers in the region. The dtcpay Visa card now enables multi-currency spend across both fiat and stablecoins at more than 150 million merchant locations worldwide.
Beyond product innovation, dtcpay was also quick to bring stablecoins to real-world commerce use cases, partnering with BNB Chain to accelerate practical stablecoin adoption and enabling Metro to become the first department store in Singapore to accept stablecoin payments, alongside select hospitality partners such as Capella Singapore.
This additional fundraise enables dtcpay to maintain its pace of execution, scaling its product suite and merchant network while extending its lead in stablecoin payments. It continues to invest in its product roadmap through the remaining half of 2026, including a revamped business portal for enterprise clients and a series of new consumer-friendly features rolled out within the dtcpay app.
As a MAS-licensed Major Payment Institution in Singapore, and one of the select few digital payment companies to hold an Electronic Money Institution license in Luxembourg, dtcpay has built a regulatory foundation required to operate across Singapore, Europe, and other strategically important markets. This regulatory-first approach also underpins the reliability of dtcpay’s infrastructure, enabling institutional clients to transact with the assurance of a fully licensed financial institution.
dtcpay’s execution and regulatory leadership has drawn industry recognition, including Disruptor of the Year and Fintech of the Year at the 2025 Asia Fintech Awards, and Fintech Mentor of the Year for Alice Liu at the SFF FinTech Excellence Awards in 2025. Collectively, these achievements highlight dtcpay’s ability to execute at the intersection of innovation, regulation, and commercial adoption.
Strategic Capital to Fuel Global Expansion
The completion of the Series A brings together a diverse group of investors whose collective expertise spans traditional finance, fintech infrastructure, and global market expansion. Beyond capital, these investors contribute strategic network and domain expertise that will help support the company’s next phase of growth.
Vertex Ventures Southeast Asia & India, part of Vertex Holdings, a wholly owned subsidiary of Temasek Holdings, led the initial tranche of the round. In addition to capital, Vertex brings extensive experience scaling technology companies, providing valuable strategic guidance rooted in deep Southeast Asian market expertise.
SBI Group adds a compelling financial service and fintech pedigree to the shareholder base. As one of Japan’s largest financial services groups, SBI operates across banking, securities, insurance, asset management, and digital assets. It has also been among the most active institutional investors in fintech and digital asset infrastructure globally.
Completing the investor group is Genedant Capital, a Singapore-based fund management firm licensed by the Monetary Authority of Singapore with over USD 2 billion in assets under management and advisory, and existing investor, Mr. Kwee Liong Tek. Genedant Capital brings in a network of family offices, private wealth investors and institutional relationships across Asia, strengthening access to strategic capital as dtcpay scales internationally. Mr. Kwee continues to increase his commitment, reflecting his long-term conviction in the company’s vision of bringing regulated digital payment infrastructure to global markets.
“We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders. SBI Group has spent decades shaping financial infrastructure across Japan and beyond, from banking and securities to blockchain and digital assets, and their conviction in dtcpay is validation that compliant, real-world stablecoin payments are not a distant vision but an infrastructure being built right now. Combined with the enduring trust of Mr. Kwee and the support of Genedant Capital, we have the capital, the network, and the momentum to move into every market that is ready for this change. And we are just getting started.” said Alice Liu, Founder and CEO of dtcpay.
“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. With the backing of our investors, we are accelerating our mission to build the financial infrastructure that enables businesses and consumers to move value globally, instantly, and compliantly,” said Band Zhao, Group Chairman of dtcpay.
“dtcpay has made decisive progress in establishing itself as the region’s leading regulated payment infrastructure that bridges traditional payments and stablecoins. Beyond execution, we were impressed by its licensing-led foundation, strong user experience, and comprehensive product offerings for financial institutions, corporates, and individuals. For SBI Group, which is steadily expanding its business footprint across Singapore and Southeast Asia, this investment marks the beginning of a strategic partnership with dtcpay. It also reflects our broader view to expand the global corridor for digital asset origination between Japan and Southeast Asia through trusted, regulated digital financial infrastructure,” commented Eiichiro So, CEO of SBI Ven Capital.
“dtcpay is building the regulated infrastructure that will bring stablecoin payments into everyday commerce.” said Quek How Jiang, CEO of Genedant Capital. “Beyond capital, we look forward to leveraging our network of strategic investors, industry leaders and institutional relationships to support the company’s commercial expansion and international growth.”
About dtcpay
dtcpay is a Singapore-headquartered payment services company building a globally licensed payment network that delivers seamless settlement, competitive pricing, and innovative payment solutions — Tomorrow’s Payments, Today. Licensed by the Monetary Authority of Singapore and holding an Electronic Money Institution licence in Luxembourg, dtcpay is authorised to deliver regulated payment services across the European Economic Area. The company also holds licences and registrations in Hong Kong, Australia, the United States, and Canada, bridging digital assets with traditional finance for businesses and individuals across its licensed jurisdictions.
To learn more, please visit https://dtcpay.com/.
About SBI Group
Founded in 1999, the SBI Group is a comprehensive financial services group and a pioneer of internet-based financial services in Japan, operating across securities, banking and insurance. Beyond these, the Group is also active in asset management, private equity, crypto-assets, and next-generation businesses on a global scale.
Its MAS-regulated Singapore subsidiary, SBI Ven Capital, manages the SBI-NTU-Kyobo Digital Innovation Fund, launched in 2022 to invest in early-stage digital transformation and digital platform companies across 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 partners’ combined business expertise and ecosystems to back the region’s next generation of globally competitive companies.
To learn more, please visit: https://www.sbivencapital.com.sg
About Genedant Capital
Genedant Capital is a Singapore-based fund management firm licensed by the Monetary Authority of Singapore. The firm partners with accredited investors, including family offices and private wealth individuals, through a multi-strategy platform spanning private equity, venture capital, public markets, and bespoke investment solutions.
With over USD 2 billion in assets under management and advisory, Genedant Capital combines disciplined investment research, institutional risk management, and deep sector expertise across areas including deep tech, healthcare, biotechnology, artificial intelligence, and digital infrastructure. The firm seeks to deliver long-term, risk-adjusted returns while supporting high-quality managers and companies with strong growth potential across global markets.
To learn more, please visit https://genedant.com/.
Media Contact: dtcpay marketing team, marketing@dtcpay.com
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SOURCE dtcpay
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