dtcpay Secures $10 Million Series A Funding, Eyes European Expansion

Singapore-based dtcpay has made significant strides in the digital payments landscape with the announcement of a $10 million Series A funding round, led by Vertex Ventures Southeast Asia & India. The strategic investment underscores the growing interest in regulated crypto payment infrastructure and dtcpay's commitment to bridging the gap between traditional finance and digital assets.

The company plans to utilize the proceeds to accelerate its European expansion, leveraging a Luxembourg Electronic Money Institution (EMI) license to provide compliant stablecoin and fiat payment services across the EEA. This strategic move positions dtcpay for its next phase of growth, with plans to deploy the funds into core infrastructure development and market entry.

dtcpay's business model focuses on connecting digital assets to traditional financial systems for everyday payments, offering a real-time swap engine that supports instant settlement between stablecoins and government-issued currencies. This mechanism reduces friction in crypto-to-fiat conversion and enables seamless, on-demand liquidity for merchants and consumers.