Dtcpay welcomes SBI Group as strategic investor extending Series A to $25M

Singapore-based payments company completes Series A funding round with Japanese investor SBI Group.

Singapore payment company dtcpay completed its $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India in April, and now further anchored by Japanese financial conglomerate SBI Group.

The round also drew participation from Genedant Capital and existing investor Kwee Liong Tek.

The investment reflects institutional confidence in dtcpay ‘s vision of making stablecoins as seamless and accessible as traditional financial services, it said on Friday.

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