Singapore Digital Payment Company DTCpay Completes $10 Million Funding Round to Accelerate Asia-Compliant Crypto Payment Expansion

Deep Tide TechFlow News, March 17 — According to Financefeeds, Singapore-based digital payment company DTCpay has completed a $10 million funding round. The raised funds will be used to expand compliant crypto payment infrastructure in Asian markets.

DTCpay holds a major payment institution license issued by the Monetary Authority of Singapore (MAS). Its platform supports merchants accepting cryptocurrencies such as Bitcoin and Ethereum, and completes settlements in fiat currency through near real-time conversion mechanisms, thereby avoiding price volatility risks.

DTCpay stated that the proceeds from the funding will mainly be allocated to the following areas:

• Compliance capability development: Strengthening KYC (Know Your Customer) and anti-money laundering systems to meet regulatory requirements across multiple jurisdictions for cross-border transactions;
• Product development: Optimizing merchant payment interfaces and backend settlement systems to improve transaction processing speed and reduce costs;
• Regional expansion: Advancing business deployment in key markets across Asia.