SBI Group backs dtcpay's Series A extension, raising $25M

dtcpay: dtcpay is a Singapore-based stablecoin payments firm that issues compliant stablecoin-powered Visa cards and holds payment and electronic money licenses in multiple jurisdictions including Singapore, Hong Kong, Luxembourg, Australia, the United States, and Canada. It extended its Series A funding round with backing from SBI Group to scale its product suite and merchant network. The company is preparing a revamped enterprise portal and new consumer app features for rollout in 2026. SBI Group: SBI Group is a major Japanese financial services conglomerate active in banking, securities, blockchain, and digital assets. It recently participated in dtcpay's Series A extension through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. The investment marks the start of a partnership focused on building digital asset connectivity between Japan and Southeast Asia. Vertex Ventures Southeast Asia & India: Vertex Ventures Southeast Asia & India is a venture capital firm that forms part of the Vertex global network under Temasek Holdings and focuses on early-stage investments across fintech and other sectors in the region. It led the initial tranche of dtcpay's Series A round earlier in 2026. The firm supports portfolio companies with operational resources and leverages its network for growth in Southeast Asia and India. Product Roadmap: dtcpay is advancing plans for an updated business portal aimed at enterprise clients along with new consumer features in its 2026 roadmap. Cross-Border Partnership: SBI Group's investment in dtcpay initiates a strategic partnership to develop a digital assets corridor between Japan and Southeast Asia.