dtcpay closes $25 million Series A funding round with SBI Group as strategic investor
Singapore stablecoin payments firm dtcpay completed a $25 million Series A after Japan's SBI Group joined as a strategic investor.
Why it matters
The round gives dtcpay, a Monetary Authority of Singapore-licensed Major Payment Institution, more capital and a Japanese conglomerate as a backer to expand its stablecoin payment products and merchant network, though the deal's financial terms remain undisclosed.
Where the sources disagree
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
size of the raise (completed series)
$25 million
Crypto.News
$10 million
Cointelegraph
Crypto.News reports $25 million, Cointelegraph reports $10 million (60% apart).
size of the raise (dtcpay series)
$10 million
Crypto.News
$25 million
CryptoSlate
Crypto.News reports $10 million, CryptoSlate reports $25 million (60% apart).
size of the raise (series)
$25 million
Cointelegraph
$10 million
Bitcoin.com News
Cointelegraph reports $25 million, Bitcoin.com News reports $10 million (60% apart).
size of the raise (completed series)
$10 million
Cointelegraph
$25 million
CryptoSlate
Cointelegraph reports $10 million, CryptoSlate reports $25 million (60% apart).
size of the raise (dtcpay series)
$25 million
CryptoSlate
$10 million
Bitcoin.com News
CryptoSlate reports $25 million, Bitcoin.com News reports $10 million (60% apart).
Key facts
dtcpay completed a $25 million Series A funding round announced Sept. 18
25,000,000 USDDisputed figureReported by Crypto.News
SBI Group invested through SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund
Reported by Crypto.News
Neither dtcpay nor SBI disclosed the size of SBI's individual investment or dtcpay's valuation
Reported by Crypto.News
Vertex Ventures Southeast Asia & India led an initial $10 million Series A tranche
10,000,000 USDDisputed figureReported by Crypto.News
The initial $10 million tranche was announced in March 2026 according to Crypto.News, or April 2026 according to Cointelegraph
Disputed figureReported by Crypto.News
Genedant Capital and existing investor Kwee Liong Tek participated in the completed round
Reported by Crypto.News
dtcpay previously raised $16.5 million in pre-Series A funding in June 2023
16,500,000 USDReported by Cointelegraph
dtcpay holds a Major Payment Institution license from the Monetary Authority of Singapore and an Electronic Money Institution license in Luxembourg
Reported by Crypto.News
What happened
dtcpay, a Singapore-based stablecoin payments company, announced on Sept. 18 that it completed a $25 million Series A round after Japan's SBI Group joined as a strategic investor through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. The round extends an earlier $10 million tranche led by Vertex Ventures Southeast Asia & India; Crypto.News dated that initial tranche to March 2026 while Cointelegraph dated it to April 2026. Genedant Capital and existing investor Kwee Liong Tek also took part in the completed round. Neither dtcpay nor SBI disclosed the size of SBI's individual contribution or the company's valuation. dtcpay said the new funds will go toward a revamped business portal, additional consumer app features, and expansion of its merchant network and regulated international presence. Cointelegraph noted dtcpay previously raised $16.5 million in pre-Series A funding in June 2023, and CryptoSlate reported that SBI Ven Capital CEO Eiichiro So called the investment the start of a strategic partnership, though dtcpay gave no timeline for a Japan launch.
How the story developed
- First report
First report by Crypto.News
dtcpay closes $25M Series A with SBI investment
- Update
Vertex Ventures leads initial $10 million Series A tranche for dtcpay
Sources differ on whether this occurred in March or April 2026
- Official statement
dtcpay announces completion of $25 million Series A with SBI Group participation
dtcpay confirmed SBI Group joined as strategic investor, completing the round at $25 million total
- Independent corroboration
Independently corroborated by Cointelegraph
Stablecoin payments firm dtcpay closes $25M round with SBI backing
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 18 Sept 2026, 06:03 UTC: Crypto.News — 1 independent source, 1 reports
- 18 Sept 2026, 09:14 UTC: Cointelegraph — 2 independent sources, 2 reports
- 18 Sept 2026, 19:50 UTC: CryptoSlate — 3 independent sources, 3 reports
- 19 Sept 2026, 06:30 UTC: Bitcoin.com News, official — 4 independent sources, 4 reports
Affected entities
Also mentioned: BNB, Hong Kong
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | SBI Invests in Singapore’s Dtcpay to Scale Stablecoin Rails | Independent | |
| Crypto.News Crypto media | dtcpay closes $25M Series A with SBI investment | Original | |
| Cointelegraph Crypto media | Stablecoin payments firm dtcpay closes $25M round with SBI backing | Independent | |
| CryptoSlate Crypto media | Why SBI just put millions behind a Singapore startup’s stablecoin push | Independent |
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