Kwee Liong Tek

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dtcpay closes $25M Series A with SBI Group as strategic investor

As of September 2026: Increased his commitment in the Series A

Singapore-based stablecoin payments firm dtcpay closed a $25 million Series A on September 18, with Japan's SBI Group joining as a strategic investor. The round began in April with a $10 million tranche led by Vertex Ventures Southeast Asia & India, and now includes SBI Ventures Asset, the SBI-NTU-Kyobo Digital Innovation Fund, Genedant Capital, and existing investor Kwee Liong Tek.

Updated Sep 18