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Singapore, March 17, 2026.
DTCPay, the Singapore-headquartered regulated digital payments company, has closed a $10 million Series A funding round led by Vertex Ventures. Favour Capital acted as exclusive financial advisor.
The fresh capital will power the next phase of DTCPay’s global expansion, focusing on stablecoin infrastructure, European market entry, real-time fiat-to-stablecoin swaps, and everyday Visa card issuance.
Key Takeaways
- $10M Series A closed: Led by Vertex Ventures Southeast Asia & India (Temasek-backed), with Favour Capital as advisor.
- Stablecoin infrastructure acceleration: Funds will enhance the real-time fiat-stablecoin swap engine and overall platform scalability.
- European expansion unlocked: New Luxembourg EMI license enables regulated services across the EEA, with Luxembourg as continental headquarters.
- Visa card rollout: Everyday spending via Visa Infinite personal cards and corporate solutions that settle in stablecoins at spot rates.
- Global license footprint: Now licensed in Singapore, Luxembourg, Hong Kong, Australia, US, and Canada, positioning DTCPay for compliant cross-border payments at scale.
Founded in 2019 by CEO Alice Liu and Chairman Band Zhao, DTCPay bridges traditional finance and digital assets. The company operates a licensed Major Payment Institution (MPI) under Singapore’s Monetary Authority of Singapore and has built an enterprise-grade network that lets businesses and consumers accept, store, and spend stablecoins (USDC, USDT, and others) with instant settlement.
Its proprietary real-time swap engine converts fiat and stablecoins at competitive spot rates, eliminating delays and high fees that plague many crypto payment solutions.
DTCPay has also partnered with Visa to offer Visa Infinite cards for individuals and corporate card programs that settle directly across digital and fiat currencies.
The funding arrives as DTCPay achieves a major regulatory milestone: securing an Electronic Money Institution (EMI) license in Luxembourg from the CSSF. This license enables the company to deliver regulated stablecoin and fiat payment services across the entire European Economic Area (EEA), serving over 450 million consumers and businesses.
Combined with existing licenses and registrations in Hong Kong, Australia, the United States, and Canada, DTCPay now operates one of the most comprehensive global payment networks in the stablecoin sector.
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 Southeast Asia & India, added: “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.”
Conclusion
In a rapidly maturing stablecoin market, DTCPay’s $10M raise underscores investor confidence in regulated, real-world crypto payments.
By combining cutting-edge infrastructure with full regulatory compliance and premium card products, the Singapore fintech is poised to make stablecoins as seamless as traditional banking for businesses and consumers worldwide.
The company’s European push via its Luxembourg EMI license marks a pivotal step toward becoming a truly global payments player.
Read Next:
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- Best Stablecoin Settlement Tools For Marketplaces in 2026
FAQs:
1. What is DTCPay?
DTCPay is a Singapore-based regulated digital payments company that builds stablecoin infrastructure for businesses and individuals. It enables real-time acceptance, storage, and spending of stablecoins with instant fiat conversions.
2. How much did DTCPay raise and who led the round?
DTCPay closed a $10 million Series A funding round on March 17, 2026, led by Vertex Ventures Southeast Asia & India, with Favour Capital serving as exclusive financial advisor.
3. What will the $10M funding be used for?
The capital will accelerate stablecoin infrastructure development, strengthen the real-time fiat-stablecoin swap engine, support product enhancements, and drive European expansion through the newly activated Luxembourg EMI license.
4. What does the Luxembourg EMI license mean for DTCPay?
The EMI license, granted by Luxembourg’s CSSF, authorises DTCPay to offer regulated electronic money and payment services across all 30 EEA countries. It establishes Luxembourg as the company’s continental European headquarters and enables passporting of services throughout Europe.
5. Does DTCPay offer Visa cards for stablecoin use?
Yes. Through its Visa partnership, DTCPay issues Visa Infinite cards for personal use and corporate card solutions. Transactions settle in stablecoins or fiat at competitive spot rates, making crypto spending as easy as using a traditional debit or credit card.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.
