SBI Group backs payments firm dtcpay in $25 million funding round

Stablecoin payments firm dtcpay closed a $25 million Series A round that included a strategic investment from Japan’s SBI Group. The Singapore-licensed company offers stablecoin conversion, custody and a Visa-linked card, and operates across Europe, Hong Kong, Australia and North America.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished 44 minutes agoUpdated 44 minutes ago0 views

SBI Group backs payments firm dtcpay in $25 million funding round

Why It Matters

SBI’s investment signals continued institutional interest in regulated stablecoin and payments infrastructure connecting Japanese capital with Southeast Asian and global commercial channels. The funding may accelerate dtcpay’s product and merchant expansion at a time when regulated stablecoin rails are drawing increased attention.

Key Facts

Funding round: $25 million Series A
Strategic investor: SBI Group (via SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund)
Earlier anchor investor: Vertex Ventures Southeast Asia & India
Existing backers: Genedant Capital and Kwee Liong Tek
License: Major Payment Institution license from the Monetary Authority of Singapore

Dtcpay has formally completed a $25 million Series A financing round that brought Japan’s SBI Group in as a strategic investor. The raise, which was initially anchored earlier this year by Vertex Ventures Southeast Asia & India, also saw SBI participate through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund; existing investors Genedant Capital and Kwee Liong Tek remained involved.

The company provides infrastructure for stablecoin payments, including digital-asset conversion, custody services and a Visa-linked card that enables holders to spend stablecoins in the same manner as fiat-backed cards. Dtcpay holds a Major Payment Institution license from the Monetary Authority of Singapore and says it has operational footprints in Europe, Hong Kong, Australia and North America.

Dtcpay said the new capital will be used to build an enterprise portal, enhance its mobile application and grow its merchant network. The firm declined to disclose its current valuation, revenue figures or the specific allocation of the proceeds from the round. Founder and CEO Alice Liu framed the financing as intended to change cross-border money flows rather than simply sustain existing operations.

SBI’s participation comes amid a broader push by the group into regulated stablecoin and digital-asset infrastructure. Recent moves by SBI cited in the announcement include acquiring Singapore-based Coinhako, increasing its stake in Ripple to support distribution of the RLUSD stablecoin, and acting as a founding validator for Circle’s Arc network. The investment into dtcpay fits SBI’s pattern of deploying capital to connect regulated stablecoin rails and payments channels across markets.