TLDR:
- dtcpay raised $10M in Series A funding led by Temasek-backed Vertex Ventures Southeast Asia & India.
- The company secured a Luxembourg EMI license to offer regulated payment services across the EEA.
- dtcpay holds payment licenses in Singapore, Hong Kong, Australia, the United States, and Canada.
- A Visa partnership in Asia-Pacific gives users access to Infinite and corporate cards for digital and fiat spending.
dtcpay, a Singapore-based digital payments company, has raised US$10 million in a Series A funding round. Vertex Ventures Southeast Asia & India, a Temasek-backed firm, led the investment.
Favour Capital served as the exclusive financial advisor for the round. The funding will support infrastructure development and European market expansion.
Simultaneously, dtcpay announced it has secured an Electronic Money Institution license in Luxembourg, enabling regulated stablecoin and fiat payment services across the European Economic Area.
dtcpay’s Business Model and the Case for Stablecoin Payments
dtcpay was co-founded by Alice Liu and Band Zhao with a focused mandate. The company bridges digital assets with traditional financial systems for everyday use.
Businesses and individuals can accept, store, and transact in stablecoins through its platform. A real-time swap engine enables instant settlement between stablecoins and fiat currencies.
The funding arrives at a turning point for the stablecoin payments sector. Regulatory frameworks are tightening across major economies as compliance demands increase.
Providers must meet higher standards to serve businesses and consumers at scale. dtcpay states it has spent years building infrastructure to meet these requirements.
In the Asia-Pacific market, dtcpay has formed a partnership with Visa. This collaboration includes Visa Infinite cards for individuals and corporate card solutions for businesses.
Both products support transactions in digital assets and fiat currencies. Users benefit from competitive spot rates for their daily spending needs.
Alice Liu, CEO and Co-Founder, outlined the company’s vision for the industry. She said the company aims to build “a platform where faster, safer, and more cost-efficient transactions become the standard for global payments.”
Genping Liu, General Partner at Vertex Ventures Southeast Asia & India, also commented on the investment rationale.
He said the firm sees “significant potential in real-world stablecoin use cases where digital asset infrastructure intersects with regulated financial systems.”
European Licensing Strengthens dtcpay’s Global Regulatory Standing
dtcpay’s Luxembourg EMI license represents a key regulatory achievement for the company. It allows dtcpay to provide regulated payment services across all EEA member states.
This positions the company as a compliant operator within a large, established financial bloc. The license directly supports the European expansion planned with the Series A proceeds.
The Luxembourg license complements an already broad regulatory portfolio held by dtcpay. The company carries a Major Payment Institution license from the Monetary Authority of Singapore.
It also holds licenses and registrations in Hong Kong, Australia, the United States, and Canada. This multi-jurisdictional coverage allows dtcpay to serve clients across diverse global markets.
The new capital will also go toward expanding operations in newly licensed regions. Product enhancements and infrastructure upgrades are among the primary funding priorities.
dtcpay intends to use its Luxembourg EMI license as the gateway for European growth. These steps align with the broader goal of scaling within regulated jurisdictions.
The stablecoin payments sector is attracting growing attention from institutional investors and regulators. dtcpay’s compliance-first model and multi-region licensing position it well for this shift.
Its combination of infrastructure, partnerships, and regulatory coverage sets it apart in the market. The Series A round marks the start of the company’s next phase of international growth.
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