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dtcpay extends $25 M Series A with SBI Group investment

Singapore-based payments company dtcpay has expanded its $25 million Series A funding round by bringing Japan’s SBI Group on board as a strategic investor.

The company said on Friday that the round, initially led by Vertex Ventures Southeast Asia & India in April 2026, has now received additional backing from the Japanese financial conglomerate. SBI is investing through both its subsidiary, SBI Ventures Asset Pte Ltd, and the SBI-NTU-Kyobo Digital Innovation Fund.

Genedant Capital and existing investor Kwee Liong Tek, a prominent Singaporean business leader, also participated in the financing.

The additional capital will allow dtcpay to continue expanding its product portfolio and merchant network while strengthening its position in stablecoin-based payments.

The company plans to continue executing its product roadmap through the rest of 2026. Upcoming initiatives include an updated business portal for enterprise customers and several new consumer-focused features within the dtcpay app.

The completed Series A has brought together investors with expertise across conventional financial services, fintech infrastructure and international market expansion. Beyond providing funding, the investors are expected to contribute strategic connections and industry knowledge to support dtcpay’s next stage of growth.

Vertex Ventures Southeast Asia & India, which is part of Vertex Holdings and ultimately owned by Temasek Holdings, led the first tranche of the Series A. Alongside its financial backing, Vertex offers experience in scaling technology businesses and strategic expertise across Southeast Asian markets.

SBI Group strengthens the company’s investor base with its financial services and fintech experience. One of Japan’s largest financial services groups, SBI has operations spanning banking, securities, insurance, asset management and digital assets. The group has also been an active institutional investor in fintech and digital asset infrastructure worldwide.

Genedant Capital, a Singapore-based fund manager licensed by the Monetary Authority of Singapore, is another investor in the round. The firm manages and advises on more than $2 billion in assets and joins existing investor Kwee Liong Tek as part of the expanded investor group.

Genedant contributes relationships with family offices, private wealth investors and institutions across Asia, potentially helping dtcpay gain access to strategic funding as it expands into international markets.

Kwee has continued to increase his investment in the company, signalling his long-term confidence in dtcpay’s goal of delivering regulated digital payment infrastructure to markets globally.

“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,

“Combined with the enduring trust of Kwee and the support of Genedant Capital, we have the capital, the network, and the momentum to move into every market that is ready for this change. And we are just getting started.” said Alice Liu, Founder and Chief Executive Officer of dtcpay.

Band Zhao, Group Chairman of dtcpay, said the company’s next phase will focus on expanding its 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,” he added.

Eiichiro So, CEO of SBI Ven Capital, described the investment as the start of a strategic relationship between SBI and dtcpay.

“It also reflects our broader view to expand the global corridor for digital asset origination between Japan and Southeast Asia through trusted, regulated digital financial infrastructure,” he added.

Quek How Jiang, Chief Executive Officer of Genedant Capital, said dtcpay is developing regulated infrastructure intended to bring stablecoin payments into mainstream commerce.

“Beyond capital, we look forward to leveraging our network of strategic investors, industry leaders and institutional relationships to support the company’s commercial expansion and international growth,” he added.

 

 

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