Dtcpay, a Singapore-based payments company, has closed a $25 million Series A to accelerate merchant expansion and product development for its stablecoin payments platform, with SBI Group joining as a strategic investor.

The company operates a Luxembourg-registered Electronic Money Institution and holds licenses in the EU, Hong Kong, Australia, the U.S., and Canada to support its international, regulated operations with a focus on Europe.

Funds from the round will be used to grow the merchant network, enhance the business portal and consumer app, and enter additional regulated markets.

Near-term product priorities include expanding the enterprise portal, consumer app, and merchant network, though the capital allocation specifics were not disclosed.

CEO Alice Liu says the round aims to fundamentally change how money moves across borders, not just sustain growth.

Dtcpay maintains regulatory footprints across Europe, Hong Kong, Australia, and North America.

The cross-border partnership focuses on deeper financial-institution relationships, product development, and merchant expansion, with no launch date announced for Japan.

Executive remarks emphasize transforming cross-border money movement, scaling infrastructure, and expanding into regulated markets with trusted digital financial infrastructure.

The company and its founder have earned industry recognition, including awards for Disruptor of the Year and Fintech of the Year in 2025.

The $25 million is the total Series A; SBI’s exact contribution and the company’s valuation were not disclosed.

SBI's investment came via SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund.

Backers Vertex Ventures Southeast Asia & India, Genedant Capital, and Kwee Liong Tek participated in the round.