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dtcpay Welcomes SBI Group as Strategic Investor, Extending Series A to US$25M

The Hindu ·
dtcpay Welcomes SBI Group as Strategic Investor, Extending Series A to US$25M

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dtcpay Welcomes SBI Group as Strategic Investor, Extending Series A to US$25M

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 i nvest ing 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.

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.

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