Cryptocurrency1h ago
Stablecoin payments firm dtcpay closes $25M round with SBI backing
AI EXECUTIVE SUMMARY
Singapore-based payment institution dtcpay has successfully raised $25 million in a Series A funding round. The investment was led by Japan's SBI Group and will be utilized to grow the company's merchant network and enhance its payment solutions.
WHY IT MATTERS
This significant funding injection enables dtcpay to scale its cryptocurrency payment infrastructure and expand its market reach with backing from a major financial institution.
Dtcpay plans to expand its merchant network and payment products after completing a $25 million Series A backed by Japanโs SBI Group.
This story was originally reported by Cointelegraph. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (1)
SBI Group backs payments firm dtcpay in $25 million funding round
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