Catenaa, Thursday, September 24, 2026- Singapore-based stablecoin payments company dtcpay has completed a $25 million Series A funding round after securing investment from Japan’s SBI Group.
SBI invested through subsidiary SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund.
Vertex Ventures Southeast Asia & India led the initial portion of the Series A announced in April.
Genedant Capital and existing investor Kwee Liong Tek also participated.
The company said it will use the funding to expand its payments infrastructure, merchant network and product range.
Plans include an upgraded business portal for enterprise customers and new consumer services within the dtcpay app.
Founded in 2019, dtcpay provides infrastructure that allows businesses and individuals to receive, hold and spend stablecoins alongside traditional currencies.
The company holds a Major Payment Institution license from the Monetary Authority of Singapore.
It also holds an Electronic Money Institution license in Luxembourg, giving it a regulated base for expansion into European markets.
Stablecoin payments have become a growing area of competition as fintech companies and banks seek faster alternatives to correspondent banking and conventional cross-border transfers.
Dtcpay says its infrastructure can move stablecoin-based payments more quickly and at lower cost than traditional international payment networks.
The company has also moved further into physical retail.
Its point-of-sale system allows merchants to accept stablecoins directly at checkout, while partnerships have brought digital asset payments into Singapore retail and hospitality businesses.
Dtcpay has also partnered with Visa on a stablecoin-to-fiat Visa Infinite card that allows customers to spend balances held in supported fiat currencies and stablecoins.
The card can be used across Visa’s global merchant network.
The company previously raised $16.5 million in a pre-Series A round in June 2023.
The latest investment adds SBI Group, one of Japan’s largest financial services groups, to its shareholder base.
SBI operates businesses spanning banking, securities, insurance, asset management and digital assets and has invested heavily in blockchain and fintech infrastructure.
For dtcpay, the investment also adds access to SBI’s financial network in Japan and other Asian markets.
The company said its next phase will focus on expanding into additional regulated jurisdictions while increasing links with banks and other financial institutions.
The funding arrives as stablecoins move beyond crypto trading into payments, treasury operations and cross-border settlement.
For companies such as dtcpay, the opportunity increasingly lies in connecting those digital assets with the existing banking and card networks consumers and businesses already use.
