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Southeast Asia Connect

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dtcpay completes US$25m Series A as SBI Group joins investor group

dtcpay reported its US$25m Series A and planned enterprise portal; an SBI executive described a Japan–Southeast Asia digital-asset ambition.

· Lars Voedisch

Illustrative Singapore office desk with a generic laptop dashboard and documents; not a dtcpay product screenshot or evidence of a live payment corridor.
Illustrative scene created for SEA Connect

dtcpay said on 18 September that it had completed a US$25 million Series A round, with SBI Group joining through two investment vehicles. For enterprises assessing payment providers, the announcement adds a financial backer and names product work to watch. It does not announce a new Japan–Southeast Asia payment route or give SBI’s individual investment amount.

What the financing covers

dtcpay said Vertex Ventures Southeast Asia & India led an initial tranche in April 2026. SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund joined the round, alongside Genedant Capital and existing investor Kwee Liong Tek. The release gives a total round size, but no allocation for each investor, valuation, revenue or transaction-volume result.

dtcpay said it intended to use the additional funding to expand its product suite and merchant network. Its stated 2026 roadmap included a revamped business portal for enterprise clients and more features in its app. The release did not give a verified launch date, access terms or uptake figures for those planned changes.

Partnership ambition and current evidence

SBI Ven Capital chief executive Eiichiro So described the investment as the beginning of a strategic partnership with dtcpay. He connected it to SBI’s ambition to expand digital-asset origination between Japan and Southeast Asia through regulated infrastructure. That is an investor’s stated direction, rather than evidence of an operating joint corridor or a newly available payment service.

In the September release, dtcpay described its stablecoin and fiat payment services, including a real-time swap engine. It said its Visa card could be used at more than 150 million merchant locations worldwide. That figure refers to Visa-network acceptance, not the number of active dtcpay merchants. The release also named Metro and Capella Singapore as company-reported acceptance examples; it supplied no independent usage totals.

In that release, dtcpay described itself as a Major Payment Institution in Singapore and an electronic money institution licence holder in Luxembourg. Those statements provide company-reported regulatory context, not a new licence announced with this financing. A buyer would still need to check the relevant service, jurisdiction and settlement terms before choosing a provider.

Source: dtcpay’s 18 September 2026 announcement distributed by PR Newswire.