SBI Group joins dtcpay $25 million funding round

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SBI Group invests in dtcpay

Highlights

SBI Group joined dtcpay as a strategic investor.
The Series A has reached $25 million.
SBI invested through two investment vehicles.
dtcpay plans to expand its stablecoin payment network.

The Series A was initially led by Vertex Ventures Southeast Asia & India in April and has now been completed with backing from SBI Group, Genedant Capital, and existing investor Kwee Liong Tek, according to a press release. SBI invested through subsidiary SBI Ventures Asset Pte Ltd. and the SBI-NTU-Kyobo Digital Innovation Fund.

SBI expands its digital asset footprint

SBI's participation adds a major Japanese financial group to dtcpay's shareholder base. Founded in 1999, SBI operates across banking, securities, insurance, asset management, private equity, and crypto assets and has built a broader presence in fintech and digital financial infrastructure.

The investment also fits SBI's expansion in Singapore and Southeast Asia. Its Singapore subsidiary, SBI Ven Capital, manages the SBI-NTU-Kyobo Digital Innovation Fund, established in 2022 with NTUitive and Kyobo Securities to invest in digital transformation and platform companies in the region.

For SBI, the dtcpay transaction creates a strategic relationship with a regulated payments provider connecting conventional financial services with stablecoins. The companies also see potential for developing digital-asset links between Japan and Southeast Asia.

dtcpay prepares for further expansion

Founded by Alice Liu and Band Zhao, dtcpay provides infrastructure allowing businesses and individuals to store, accept, and transact in stablecoins while converting between stablecoins and fiat currencies.

The company is licensed as a Major Payment Institution by the Monetary Authority of Singapore and holds an Electronic Money Institution license in Luxembourg. It also has licenses or registrations in Hong Kong, Australia, the U.S. and Canada.

Its payments infrastructure includes a point-of-sale system for stablecoins and an integration with WalletConnect covering more than 700 wallets. A Visa-linked product allows customers to convert stablecoins into fiat for spending at more than 150 million merchant locations worldwide.

Investment strengthens SBI ties to Southeast Asia

The transaction gives SBI greater exposure to regulated stablecoin infrastructure at a time when digital payments are increasingly intersecting with traditional financial services.

For dtcpay, the new capital will support the expansion of its products and merchant network, including additional enterprise and consumer features planned during the remainder of 2026. For SBI, the investment extends a strategy spanning conventional finance and digital assets while strengthening its connections between Japan and Southeast Asia.

The significance of the deal, therefore, extends beyond the $25 million funding round. It pairs SBI's financial network with a licensed payments company operating across several markets, creating another channel for the Japanese group to participate in the development of regulated stablecoin payments.

Earlier, we reported that Kyobo Life and SBI complete direct stablecoin settlement trial.

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