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CoinDesk
dtcpay completes $25 million Series A as SBI Group joins
WHAT HAPPENED
CoinDesk reports, consistent with dtcpay and SBI announcements, that Singapore-licensed stablecoin-payments company dtcpay completed a USD 25 million Series A. SBI Group joined through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund; Vertex Ventures Southeast Asia & India led the earlier tranche. dtcpay says the capital will support an enterprise portal, app improvements and merchant-network expansion.
PUBLISHED September 18, 2026SOURCE CoinDeskLANE Web3 & stablecoin payments
KEY FIGURES
USD 25M
Completed Series A
WHAT TO WATCH NEXT
Watch whether follow-up sources disclose the licence scope, effective date, permitted customer types, and the first live market. Also confirm the regulatory setup for the stablecoin, custody, and fiat on/off ramps.
Readable CoinDesk report corroborated by dtcpay and SBI first-party announcements. The USD 25 million total and intended uses are stated; SBI's contribution, valuation, revenue and operating outcomes are undisclosed.
The page already presents the summary and analysis. This section keeps only the copy, download, and technical source record without repeating the same reading view.
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# dtcpay completes $25 million Series A as SBI Group joins
> Evidence tier: B1
> Evidence type: Independent crypto-fintech funding report corroborated by dtcpay and SBI first-party announcements
> Source: [CoinDesk](https://www.coindesk.com/markets/2026/09/18/sbi-group-backs-payments-firm-dtcpay-in-usd25-million-funding-round)
> Published: 2026-09-18
> Captured: 2026-09-18T12:38:32.442Z
## Source summary
CoinDesk reports, consistent with dtcpay and SBI announcements, that Singapore-licensed stablecoin-payments company dtcpay completed a USD 25 million Series A. SBI Group joined through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund; Vertex Ventures Southeast Asia & India led the earlier tranche. dtcpay says the capital will support an enterprise portal, app improvements and merchant-network expansion.
## Why it matters
The financing adds strategic capital to regulated stablecoin conversion, custody, merchant and Visa-linked card infrastructure. It is a capital event, not proof of adoption or payment performance: SBI's contribution, dtcpay's valuation, revenue, product-level allocation, live transaction volume, pricing, corridor expansion and settlement results were not disclosed.
## Key numbers
- **Completed Series A:** USD 25M
## Topics and entities
- Industry lane: Web3 & stablecoin payments
- Entities: dtcpay / SBI Group
- Company intelligence
- Cross-border payments
- Web3 payments
## Evidence and credibility note
Readable CoinDesk report corroborated by dtcpay and SBI first-party announcements. The USD 25 million total and intended uses are stated; SBI's contribution, valuation, revenue and operating outcomes are undisclosed.
Date evidence: CoinDesk JSON-LD records 2026-09-18T07:37:32.091Z; dtcpay and SBI published first-party announcements on September 18, 2026
## First-party corroboration
- [https://www.prnewswire.com/apac/news-releases/dtcpay-welcomes-sbi-group-as-strategic-investor-extending-series-a-to-us25m-302881922.html](/en/items/https://www.prnewswire.com/apac/news-releases/dtcpay-welcomes-sbi-group-as-strategic-investor-extending-series-a-to-us25m-302881922.html)
- [https://www.sbigroup.co.jp/news/2026/0918_16595.html](/en/items/https://www.sbigroup.co.jp/news/2026/0918_16595.html)
## Original-source traceback
[Open the original CoinDesk report](https://www.coindesk.com/markets/2026/09/18/sbi-group-backs-payments-firm-dtcpay-in-usd25-million-funding-round)
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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.
RELATED TOPICS
Company intelligenceCross-border paymentsWeb3 payments