dtcpay, a regulated digital payments company based in Singapore, has raised US$10 million in its Series A funding round. The round was led by Vertex Ventures Southeast Asia & India, with Favour Capital acting as the financial advisor.
This funding comes at an important time for the stablecoin payments industry, as rules and regulations are becoming stricter in many countries. dtcpay has spent several years building its technology and systems to meet these higher standards and support businesses and customers at a larger scale.
Founded by Alice Liu and Band Zhao, dtcpay helps connect digital currencies with traditional financial systems. It allows businesses and individuals to easily accept, store, and use stablecoins for everyday transactions.
Its technology includes a real-time system that instantly converts between stablecoins and regular money, making payments fast and smooth in real-world use.
Alice Liu, CEO and Co-Founder of dtcpay, said: “Our mission is to deliver a platform where faster, safer, and more cost-efficient transactions are the standard, not the exception. By prioritising compliance and regulatory rigour 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.”
Genping Liu, General Partner at Vertex Ventures SEA & India, said: “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.”
dtcpay is a digital payments company based in Singapore. It is building a global payment network that allows real-time transactions, fair pricing, and high-quality financial services. The company aims to make modern payments simple and fast.
dtcpay is officially licensed by the Monetary Authority of Singapore and also holds an Electronic Money Institution license in Luxembourg, which allows it to operate across the European Economic Area. In addition, the company has licenses and registrations in Hong Kong, Australia, United States, and Canada, helping it connect digital assets with traditional finance for users worldwide.
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