dtcpay Completes $25 Million Series A Financing Round, with SBI Group Participating
Singapore-based payment service provider dtcpay announced the completion of a $25 million Series A funding round. Led by Vertex Ventures Southeast Asia & India, the round saw participation from SBI Group through its SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. Genedant Capital and existing investor Kwok Leng Tat also joined. The funds will be deployed to expand stablecoin payment products, the merchant network, and footprint in regulated markets, while advancing feature upgrades for enterprise service portals and consumer applications.