dtcpay Completes $25M Series A As SBI Group Joins Stablecoin Payments Push

TL;DR Singapore payments company dtcpay has completed a $25 million Series A. Vertex Ventures led the original round, with SBI Group joining as a strategic investor. The capital will support expansion of stablecoin and merchant payment infrastructure. Singapore-based digital payments company dtcpay has completed a $25 million Series A, bringing Japan’s SBI Group onto its shareholder register as the company expands its stablecoin payment infrastructure. The detail that matters here is who did what. Vertex Ventures led the initial financing, while SBI Group joined later as a strategic investor to complete the $25 million round. That is slightly different from saying SBI led the raise — and probably more interesting. Stablecoin Payments Keep Pulling In Traditional Finance dtcpay operates payment infrastructure that lets merchants and businesses move between fiat and digital assets. The company is licensed in Singapore as a Major Payment Institution, giving it a regulated base in one of Asia’s most important financial hubs. Stablecoins have become increasingly attractive to payment companies because they can make cross-border settlement quicker without requiring businesses to hold vola...