dtcpay Secures $25M in Series A Funding with SBI Investment

Singapore-based payments firm dtcpay has raised a total of $25 million in Series A funding following a strategic investment from Japan's SBI Group. In a press release issued on the 18th, dtcpay disclosed that SBI Group invested through its subsidiaries SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund.

The current round follows earlier leadership from Vertex Ventures Southeast Asia & India, with additional participation from Genedant Capital and existing investors Quy Lion Tech.