Dtcpay, a digital payments company headquartered in Singapore, announced Tuesday it has raised $10 million in Series A funding led by Vertex Ventures Southeast Asia & India.
Dtcpay said in a statement that the investment will support enhancements to the firm’s product suite, strengthen its underlying infrastructure, and expand its operational presence across its newly licensed jurisdictions, with a focus on accelerating European market entry through its Luxembourg EMI license.
“Our mission is to deliver a platform where faster, safer, and more cost-efficient transactions are the standard, not the exception,
“By prioritizing compliance and regulatory rigor alongside a user-centric experience, we have built a foundational infrastructure ready for global scale. This capital will accelerate our product adoption and facilitate our entry into high-growth markets,” said Alice Liu, Chief Executive Officer and Co-Founder of dtcpay.
The raise comes at a pivotal moment for the stablecoin payments industry.
Dtcpay noted regulatory frameworks are tightening across major economies, raising the bar for providers that want to serve businesses and consumers at scale, and dtcpay has spent years building the infrastructure to meet that standard.
Founded by Alice Liu and Band Zhao, dtcpay bridges digital assets with traditional finance, enabling businesses and individuals to accept, store, and transact in stablecoins for everyday use.
Its real-time swap engine delivers instant settlement across stablecoin and fiat currencies, enabling seamless real-world transactions.
In a market crowded with infrastructure providers, dtcpay said it is among a select few in Asia Pacific (APAC) to have partnered with Visa, offering Visa Infinite cards to individuals and corporate card solutions to businesses that settle transactions across digital and fiat currencies at competitive spot rates for daily usage.
The round arrives as dtcpay reaches a significant regulatory milestone.
dtcpay has secured an Electronic Money Institution license in Luxembourg, which authorizes the company to deliver regulated payment services across the European Economic Area (EEA).
Combined with its Major Payment Institution license from the Monetary Authority of Singapore and additional licenses and registrations in Hong Kong, Australia, the United States, and Canada, dtcpay said it is progressively building a global payment network, positioning the company to serve businesses and individuals at scale, tapping into a market projected to reach billions of dollars.
“We see a massive opportunity in the ‘real-world use’ of stablecoin where utility meets regulated finance. dtcpay has demonstrated an incredible ability to balance cutting-edge technical innovation with a user experience that rivals traditional banking apps,
“They are uniquely positioned to capture the next wave of mainstream adoption in global digital payments,” said Genping Liu, General Partner at Vertex Ventures SEA & India.
Favour Capital, a Singapore based boutique investment bank, is serving as exclusive financial advisor for the deal.
Singapore’s dtcpay secures EMI license in Luxembourg, launches continental European headquarters