Stablecoin payments company dtcpay has completed a $25 million Series A funding round, which included a strategic investment from Japan’s SBI Group.
The capital raise was anchored earlier in the year by Vertex Ventures Southeast Asia & India and concluded with participation from SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. Existing backers Genedant Capital and Kwee Liong Tek also maintained their positions in the round.
Headquartered with a Major Payment Institution license from the Monetary Authority of Singapore, dtcpay provides digital-asset conversion, custody, and Visa-linked card services that allow holders to spend stablecoins like ordinary cash. The company maintains regulatory footprints in Europe, Hong Kong, Australia, and North America.
Alice Liu, founder and CEO of dtcpay, stated that the funds were raised to fundamentally change how money moves across borders rather than just sustaining existing operations.
Dtcpay plans to use the proceeds to develop an enterprise portal, improve its mobile application, and expand its merchant network. The company did not disclose its valuation, revenue, or the exact distribution of the funds.
The investment aligns with SBI's broader strategy in digital-asset infrastructure, which includes the acquisition of Singapore's Coinhako, expanding its stake in Ripple to distribute the RLUSD stablecoin, and serving as a founding validator for Circle's Arc network.
