FC Dialogue | September 2026

Building the Future of Global Payments: Inside dtcpay’s Journey from Vision to Global Expansion

dtcpay announced the completion of its US$25 million Series A funding round. The round was led by Vertex Ventures Southeast Asia & India and further anchored by SBI Group, with participation from Genedant Capital and existing investor Mr. Kwee Liong Tek, a prominent Singaporean business leader. The successful fundraising reflects dtcpay's strong market traction and continued progress in bridging the Web2 and Web3 ecosystems to build the next generation of digital payments. Favour Capital supported dtcpay throughout its fundraising journey with a hands-on advisory approach to seek the right investors to further support the company's growth and expansion plans. We look forward to dtcpay’s next phase of growth.
“We are pleased to have continued supporting the dtcpay team throughout this capital raise, helping navigate the process and onboard prominent investors with strategic support. We look forward to seeing the company build on this momentum in its next phase of growth.”
Fang Ye (Eric) Founding Partner of Favour Capital

Stablecoins Are Reshaping the Future of Payments

As technology continues to advance, payment forms have also evolved over time, becoming more and more efficient and digitized. Web3, known as a transparent medium, enables a more user-owned, open, and financially integrated platform than today’s Web2 model. Particularly, over the past few years, the stablecoin market has seen remarkable growth and is moving on an unprecedented scale. Transaction volume reached $56T in 2025, exceeding Visa and Mastercard combined, and hit $62T by August 2026, already exceeding the 2025 total. From powering cross-border payments and remittances to enabling instant settlements for businesses, stablecoins have moved beyond crypto trading into real-world transactions. Here, we delve into how dtcpay is bridging Web2 and Web3, building the next generation of digital payments.

Get to Know dtcpay

Founded by Alice Liu and Band Zhao, dtcpay sees many inefficiencies in today’s payment system that remain unresolved, such as time constraints, expensive fees, transaction limits, and barriers created by multiple layers of intermediaries.
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“We are building the highway for global payments, creating a one-stop solution that serves customers across both B2C and B2B.”
Alice Liu Founder and CEO of dtcpay

GET TO KNOW DTCPAY

Vision for the Future of Payments

dtcpay is building the next-generation payment system: open-loop, real-time, and globally connected. Today, dtcpay has secured 7 licensed jurisdictions and operates strongly in Singapore, Hong Kong, and Europe. Given the regulatory intensity of the payments industry, this strong compliance focus showcases a key differentiator for dtcpay amidst the competition. By securing key licenses, they built an infrastructure that enables B2B and B2C clients to make payments in multiple fiat currencies in real time. While many players focus on a single use case, whether OTC, merchant payments, or cards, dtcpay brings them together in one full-suite solution, serving different customer needs through its advanced swap engine.

the road ahead

Global Expansion for Future Growth

“We aim to go global. dtcpay will continue to scale and enhance our products to serve a broader audience and tap into new markets.”
Alice Liu Founder and CEO of dtcpay
Over the last two years, dtcpay has grown exponentially, marking a significant achievement after investing substantial time in securing the necessary licenses and building infrastructure capable of handling high transaction volumes. With these fundamentals now in place, dtcpay can now take off and accelerate client acquisition. The company saw strong growth last year, with frequent word-of-mouth referrals also reflecting the trust it has built with its clients. Featured in, recognized by, and partnered with:
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expanding the reach

Supporting dtcpay’s Next Phase of Growth

Moving forward, dtcpay plans to expand its presence beyond its current markets. The company will continue to strengthen its infrastructure to support clients in new markets while maintaining and deepening its presence in existing ones.
“We were looking for professionals to help us navigate our first institutional round smoothly, and Favour Capital offered the values that we were looking for.”
Alice Liu Founder and CEO of dtcpay
Favour Capital acknowledges the ever-evolving tech industry and believes in dtcpay’s vision to create a future-ready payment infrastructure. Favour Capital develops a tailored fundraising strategy for dtcpay’s journey in their expansion, collaborating with visionary founders like Alice Liu and Band Zhao in their mission to transform the payment system from Southeast Asia to the world.
“With our fundraising expertise and investor network, we work closely with founders to shape their fundraising strategy and position their businesses for the right investors. Through this hands-on approach, we help turn founders’ ambitions into their next phase of growth.”
Fang Ye (Eric) Founding Partner of Favour Capital
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