dtcpay Completes $25M Series A As SBI Group Joins Stablecoin Payments Push
Summary
Singapore-based digital payments firm dtcpay raised a $25 million Series A to expand its stablecoin payment infrastructure. Vertex Ventures led the round, and Japan’s SBI Group later joined as a strategic investor. dtcpay, licensed in Singapore as a Major Payment Institution, provides merchant payment and cross-border settlement rails that let businesses move between fiat and digital assets. The funding will support further development of merchant-payment and settlement services as stablecoins gain traction for faster, lower-friction cross-border payments.
