Key Takeaways
- • Dtcpay, a Singapore-based stablecoin payment infrastructure provider, completed a $25 million Series A funding round with strategic backing from Japan's SBI Group, expanding its investor base beyond the initial $10 million tranche led by Vertex Ventures Southeast Asia and India announced in March 2026.
- • SBI Group participated through dual vehicles—SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund—signaling institutional commitment from a major Japanese conglomerate to Asia-Pacific fintech infrastructure.
- • The company plans to deploy capital for product development through the remainder of 2026, including a redesigned enterprise portal and new consumer-facing features within its core app, building on existing stablecoin custody, multi-currency wallets, and physical/virtual card offerings.
- • Dtcpay has secured regulatory authorizations across seven jurisdictions—Singapore, the US, Canada, Hong Kong, Australia, Luxembourg (via EMI license obtained late 2025), and the EU—positioning itself as a heavily regulated player in the competitive stablecoin payment space.
- • Founded in 2019 by CEO Alice Liu and Chairman Band Zhao, Dtcpay's capital raise reflects growing institutional investor appetite for compliant stablecoin infrastructure amid regulatory maturation in digital asset payments.
Summary
The Singapore-based fintech company provides stablecoin payment infrastructure serving both retail and business clients. Its core product suite includes stablecoin custody services, multi-currency wallets, eSIM capabilities, and both physical and virtual card products. Founded in 2019 by CEO Alice Liu and Chairman Band Zhao, Dtcpay positions itself as providing compliant infrastructure for digital asset payments across institutional and consumer segments.
With the newly raised capital, Dtcpay intends to accelerate product development through the second half of 2026, focusing on a revamped business portal designed for enterprise clients and a series of consumer-oriented features rolling out within its flagship app. The company has positioned regulatory compliance as a competitive differentiator, having secured authorizations in Singapore, the US, Canada, Hong Kong, and Australia. Most significantly, Dtcpay obtained an Electronic Money Institution (EMI) license in Luxembourg in late 2025, unlocking EU market access and bolstering its claim to operate the world's most compliant stablecoin payment infrastructure.
The SBI Group's participation represents validation from a major Asian financial conglomerate and signals institutional confidence in regulated stablecoin infrastructure amid the fintech sector's continued maturation. The round's completion demonstrates sustained investor appetite for cross-border payment solutions built on stablecoin rails in the Asia-Pacific region.
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