SBI Group Joins dtcpay’s $25M Series A to Expand Stablecoin

Payments

Singapore-based stablecoin payments company dtcpay has completed a $25 million Series A funding round, with Japan’s SBI Group joining as a strategic investor.

The investment adds another major financial institution to dtcpay’s push to connect stablecoins with traditional payment infrastructure and expand regulated digital-asset payments across international markets.

What Happened?

The Series A was initially launched with a $10 million tranche led by Vertex Ventures Southeast Asia & India earlier in 2026. The round has now reached $25 million following participation from SBI Group, Genedant Capital and existing investor Kwee Liong Tek.

SBI invested through two vehicles:

  • SBI Ventures Asset Pte. Ltd.
  • SBI-NTU-Kyobo Digital Innovation Fund

The exact amount invested by SBI and dtcpay’s latest valuation were not disclosed.

Why SBI’s Investment Matters

SBI Group has businesses spanning banking, securities, asset management and digital assets. Its investment gives dtcpay a strategic connection to Japan while the company continues developing payment infrastructure in Southeast Asia and other regulated markets.

SBI has also described the investment as part of its broader efforts to develop digital-asset connections between Japan and Southeast Asia. However, dtcpay has not announced a specific timeline for launching in Japan.

What Does dtcpay Do?

dtcpay provides infrastructure that allows businesses and consumers to accept, store and transact with stablecoins and fiat currencies.

Its products include:

  • Stablecoin-to-fiat conversion
  • Merchant payment solutions
  • Digital-asset custody
  • Consumer payment applications
  • A Visa-linked card for spending supported stablecoins
  • Integrations designed to connect stablecoins with existing payment networks

The company operates in Singapore under a Major Payment Institution license from the Monetary Authority of Singapore and also has a regulatory presence in other markets.

How Will dtcpay Use the $25M?

dtcpay said the funding will support several areas of its business:

Area Planned Focus
Enterprise New and revamped business portal
Consumer Additional features for the dtcpay app
Payments Expansion of merchant network
Infrastructure Scaling stablecoin payment capabilities
International Expansion into additional regulated markets

The company has not provided a detailed breakdown of how much of the $25 million will go to each area.

Stablecoins Move Further Into Payments

The investment comes as stablecoins increasingly become part of payment infrastructure rather than being used only for crypto trading.

dtcpay has already worked on merchant stablecoin acceptance in Singapore, including initiatives involving Metro and hospitality businesses. It has also partnered with Visa and WalletConnect to expand the ways users can spend and access digital assets.

For dtcpay, the latest funding provides additional capital to develop these payment use cases while operating within regulated financial markets.

What to Watch Next

Key developments to monitor include:

  • dtcpay's expansion into new regulated jurisdictions
  • Growth in stablecoin merchant payments
  • New partnerships with banks and payment networks
  • Development of its enterprise platform
  • SBI’s future digital-asset initiatives in Japan and Southeast Asia
  • Adoption of stablecoins for cross-border payments

The $25 million figure represents the total Series A, not SBI’s individual contribution. The size of SBI’s investment and dtcpay’s valuation remain undisclosed.

FAQ

How much did dtcpay raise?

dtcpay completed a $25 million Series A funding round.

Who invested in dtcpay?

The round was initially led by Vertex Ventures Southeast Asia & India. SBI Group joined later through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund, alongside Genedant Capital and existing investor Kwee Liong Tek.

What will dtcpay use the funding for?

The company plans to improve its enterprise portal, add consumer-app features and expand its merchant network and regulated-market presence.

Is SBI investing $25 million itself?

No. $25 million is the total Series A size. SBI’s individual contribution was not disclosed.

Final Take

dtcpay’s expanded $25 million Series A brings SBI Group into its stablecoin payments business as the company works to scale regulated digital-asset infrastructure.

The partnership connects a Singapore-based payment platform with a major Japanese financial group, while dtcpay focuses on merchant adoption, enterprise tools and cross-border stablecoin payments.