Singapore-based stablecoin payments firm DTCPay has completed a $25 million Series A funding round after Japan’s SBI Group joined as a strategic investor. The deal adds institutional backing to DTCPay as it expands infrastructure for stablecoin payments.

SBI Group invested through its subsidiary, SBI Ventures Asset Pte Ltd, and the SBI-NTU-Kyobo Digital Innovation Fund. Vertex Ventures Southeast Asia & India led the initial tranche announced in April 2026. Genedant Capital and existing investor Kwee Liong Tek also participated.

DTCPay said it will use the funding to expand its merchant network and payment products, including a revamped enterprise business portal and new consumer features. The company previously raised $16.5 million in a pre-Series A round in 2023, bringing its total disclosed funding to more than $41 million.

“dtcpay is building the regulated infrastructure that will bring stablecoin payments into everyday commerce,” said Quek How Jiang, CEO of Genedant Capital. “Beyond capital, we look forward to leveraging our network of strategic investors, industry leaders and institutional relationships to support the company’s commercial expansion and international growth.”

Founded in 2019, DTCPay provides infrastructure that enables businesses and consumers to accept, hold and transact in stablecoins. Its products include a digital payment token point-of-sale service that allows merchants to accept stablecoins directly. The company also partners with VISA on a stablecoin-to-fiat VISA Infinite card in Singapore.

DTCPay operates as a regulated Major Payment Institution under Singapore’s Payment Services Act and holds an Electronic Money Institution licence in Luxembourg, a licence category that can be passported to offer services across the European Economic Area. Those licences provide a regulatory base for its operations across Singapore and Europe.

SBI’s investment places a major Japanese financial group directly behind stablecoin payment infrastructure rather than providing only exposure to crypto assets. It also gives DTCPay access to SBI’s financial-services network as the company works to expand regulated stablecoin payment corridors between Japan, Southeast Asia and other markets.

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

SBI Group has spent decades developing financial infrastructure across Japan and other markets through businesses spanning banking and securities, as well as blockchain and digital assets. DTCPay said the group’s investment reflects its conviction that compliant, real-world stablecoin payments are being developed as financial infrastructure.

DTCPay said it plans to use the new capital to scale its infrastructure, products and merchant network while expanding into additional regulated markets. Progress in those areas will be the most direct measure of how far regulated stablecoin payments can extend into everyday commerce.

“The next chapter for dtcpay is about scale,” said Band Zhao, Group Chairman of DTCPay. “We are strengthening our infrastructure, deepening partnerships with global financial institutions, and expanding into new regulated markets to make stablecoin payments as seamless and trusted as traditional payment rails. With the backing of our investors, we are accelerating our mission to build the financial infrastructure that enables businesses and consumers to move value globally, instantly, and compliantly.”

Source: BitcoinKE