{
  "id": 8214848,
  "title": "Stablecoin payments firm dtcpay closes $25M round with SBI backing",
  "url": "https://urgent.news/2026/09/18/stablecoin-payments-firm-dtcpay-closes-25m-round-with-sbi-backing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T09:14:03.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/dtcpay-25m-series-a-sbi-stablecoin-payments"
  },
  "original_language": "en",
  "account": "Singapore-based stablecoin payments firm Dtcpay has successfully raised $25 million in a Series A funding round, with significant backing from Japanese conglomerate SBI Group. The investment enables Dtcpay to expand its merchant network and payment products, including a revamped business portal and new consumer features. SBI Holdings invested through two Singapore-based investment vehicles, SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. The funding round, led by Vertex Ventures Southeast Asia & India, also saw participation from Genedant Capital and existing investor Kwee Liong Tek. Dtcpay provides infrastructure for businesses and individuals to accept, store, and transact in stablecoins and fiat currencies, offering services such as a real-time stablecoin-to-fiat conversion system, merchant payment terminals, and a Visa card for spending supported stablecoins. The company already holds a Major Payment Institution license from Singapore's Monetary Authority and an Electronic Money Institution license in Luxembourg. The investment from SBI aims to support the development of a digital asset corridor between Japan and Southeast Asia.",
  "summary": "Dtcpay plans to expand its merchant network and payment products after completing a $25 million Series A backed by Japan’s SBI Group.",
  "key_points": [
    "Dtcpay raises $25M in Series A funding from SBI Group",
    "SBI Holdings invests through SBI Ventures Asset and SBI-NTU-Kyobo Digital Innovation Fund",
    "Funding enables expansion of merchant network and new consumer features"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "Stablecoin payments firm dtcpay closes $25 million Series A with SBI Group investment",
        "url": "https://urgent.news/2026/09/18/stablecoin-payments-firm-dtcpay-closes-25-million-series-a-with-sbi",
        "published": "2026-09-18T05:29:10.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "SBI Group backs payments firm dtcpay in $25 million funding round",
        "url": "https://urgent.news/2026/09/18/sbi-group-backs-payments-firm-dtcpay-in-25-million-funding-round",
        "published": "2026-09-18T07:37:32.000Z"
      },
      {
        "outlet": "e27",
        "title": "SBI joins dtcpay’s US$25M round to bridge Japan, SEA stablecoin corridors",
        "url": "https://urgent.news/2026/09/18/sbi-joins-dtcpays-us-25m-round-to-bridge-japan-sea-stablecoin",
        "published": "2026-09-18T09:07:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}