Dtcpay Completes Series A Financing, Totaling $25 Million

Singapore-based payment platform Dtcpay has completed its Series A financing, raising a total of $25 million. The round was led by Vertex Ventures Southeast Asia & India, with Japan's SBI Group participating as a strategic investor, along with Genedant Capital and existing shareholder Kwee Liong Tek. Dtcpay holds regulatory licenses from the Monetary Authority of Singapore (MAS) and an electronic financial institution license from Luxembourg, authorized to provide regulated services in the European Economic Area, and has operational qualifications in Hong Kong, Australia, the United States, and Canada.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.