Singapore-headquartered dtcpay, a regulated digital payments company focused on stablecoin-based transactions, has raised US$10 million in a Series A round led by Vertex Ventures Southeast Asia & India. Favour Capital served as exclusive financial adviser on the transaction. The funding will be used to expand dtcpay’s global stablecoin payments infrastructure, enhance its product suite, and strengthen its underlying payments and compliance infrastructure as it scales into newly licensed markets. A key strategic priority is accelerating its push into Europe, supported by dtcpay’s Electronic Money Institution (EMI) licence in Luxembourg, which enables provision of regulated payment services across the European Economic Area. dtcpay provides payment rails that let businesses and individuals accept, store and transact in stablecoins for everyday use, supported by a real-time swap engine that allows instant settlement between stablecoins and fiat currencies. The company positions itself as a bridge between digital assets and traditional finance, with an emphasis on regulatory compliance; it holds a Major Payment Institution licence from the Monetary Authority of Singapore and has licences or registrations in jurisdictions including Hong Kong, Australia, the United States and Canada. dtcpay is also among a small group of firms in Asia Pacific partnering with Visa on card products that support transactions across both digital and fiat currencies at spot rates. By combining this regulatory footprint with new growth capital, the company aims to scale an enterprise-grade, compliant stablecoin payments network at global level, targeting high-growth markets where demand for faster, lower-cost cross-border and digital asset payments is increasing.

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