SBI Group Backs dtcpay With $25M Funding Round

Stablecoin payments company dtcpay has completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.

The Singapore-based firm announced the completion of the financing, which was initially anchored earlier this year by Vertex Ventures Southeast Asia & India. SBI joined the round through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. Existing investors Genedant Capital and Kwee Liong Tek also participated in the completed round.

dtcpay provides infrastructure for digital-asset payments, including stablecoin conversion and custody services. The company also offers a Visa-linked card that allows users to spend stablecoins for everyday purchases.

The firm holds a Major Payment Institution license from Singapore’s Monetary Authority of Singapore and has regulatory operations or approvals spanning Europe, Hong Kong, Australia and North America.

SBI’s participation gives the financing a strategic dimension, with the Japanese financial group seeking connections between capital in Japan and commercial markets across Southeast Asia. Stablecoins can provide faster cross-border settlement than traditional correspondent banking networks, although their use depends on regulated intermediaries and compliance requirements.

“We did not raise this round to sustain what we have built,” dtcpay founder and CEO Alice Liu said in a statement. “We raised it to fundamentally change how money moves across borders.”

SBI Expands Digital-Asset Strategy

The investment adds to SBI’s broader push into stablecoins and digital-asset infrastructure. The group has deployed capital across the sector, including its acquisition of Singapore-based Coinhako, its multibillion-dollar investment in Ripple to support distribution of the RLUSD stablecoin, and its role as a founding validator for Circle’s Arc network.

Dtcpay said the new $25 million in capital will support development of an enterprise portal, upgrades to its application and expansion of its merchant network.

The companies did not disclose dtcpay’s current valuation, revenue figures or the precise allocation of the funding.