Singapore-based digital payments firm dtcpay has announced raising $10 million in a Series A funding anchored by Vertex Ventures Southeast Asia & India.
The startup said it will use the fresh capital to enhance its product suite, strengthen infrastructure, and expand operations across newly licensed jurisdictions, with a focus on entering Europe through its Electronic Money Institution license in Luxembourg.
The fundraising comes as regulators across major markets tighten rules for stablecoin and digital payment providers, raising compliance requirements for firms seeking to scale internationally.
Founded by Alice Liu and Band Zhao, dtcpay provides payment services that bridge digital assets and traditional finance, allowing businesses and individuals to accept, store, and transact in stablecoins for everyday use.
Its platform includes a real-time swap engine that enables instant settlement between stablecoins and fiat currencies.
“By prioritising compliance and regulatory rigour alongside a user-centric experience, we have built a foundational infrastructure ready for global scale,” said Liu.
dtcpay last raised $16.5 million in June 2023 in a pre-Series A funding round led by Kwee Liong Tek, the chairman of luxury property developer Pontiac Land Group. It rebranded to dtcpay from Digital Treasures Center that year.
SOUTHEAST ASIA DEAL MONITOR
DealStreetAsia has put together a table listing prominent startup investments in Southeast Asia for the week starting March 16, 2026.
| Startup name | Headquarters | Investment Size | Investment Stage | Lead investor(s) | Other Investor(s) | Industry / Verticals |
|---|---|---|---|---|---|---|
| dtcpay | Singapore | $10,000,000 | Series A | Vertex Ventures Southeast Asia & India | Payments | |
| Virdalis | Singapore | $700,000 | Pre-Seed | Wavemaker Impact | Biotech | |
| Carsome | Malaysia | $30,000,000 | Undisclosed | Hong Kong Investment Corporation, Gobi Partners, Asia Partners | Ecommerce |
