dtcpay, a Singapore-headquartered payment services company that bridges stablecoins with traditional finance, has extended its Series A funding round to $25m after welcoming Japan’s SBI Group as a strategic investor.
The round was initially led by Vertex Ventures Southeast Asia & India in April 2026. It has now been broadened by SBI Group, which is investing through two vehicles: its subsidiary SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund. Genedant Capital also joined the round, alongside continued commitment from existing backer Mr Kwee Liong Tek, a well-known Singaporean business figure.
Founded by Alice Liu and Band Zhao, dtcpay provides infrastructure that lets businesses and consumers accept, hold and transact in stablecoins, using a real-time swap engine designed to settle stablecoin and fiat transactions without the delays and layered fees typical of SWIFT-based cross-border transfers.
The company has built out its product suite with a Digital Payment Token point-of-sale solution for in-store merchant acceptance, an early integration with WalletConnect that extends stablecoin usability across more than 700 wallets, and a partnership with Visa that produced a stablecoin-to-fiat Visa Infinite card, now usable for multi-currency spending at more than 150 million merchant locations worldwide.
dtcpay has also worked with BNB Chain to push stablecoin adoption into everyday commerce, helping Metro become the first Singapore department store to take stablecoin payments and extending acceptance to hospitality partners including Capella Singapore.
The fresh capital will support dtcpay’s continued expansion, funding a revamped business portal for enterprise clients and a series of consumer-facing updates to the dtcpay app through the remainder of 2026.
dtcpay founder and CEO Alice Liu said, “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.”
dtcpay group chairman Band Zhao said, “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.”
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