Fintech

Singapore’s dtcpay tops up with $16.5M to expand globally

June 22, 2023
Image from dtcpay.

Say hi to dtcpay! This Singapore-based fintech lets you accept credit card, WeChat, and crypto payments. Oh, and their platform can also convert your $$$ to crypto for a low fee.

  • They just raised a $16.5M Pre-Series A!
  • Scoop: They were previously known as Digital Treasures Center, but they rebranded to dtcpay last April.

Investor check. Pontiac Land Group chairman Kwee Liong Tek led the round. 

  • Several business executives also joined in!

🤔 Make your money talk

Offer various payment options to your customers through their POS+ and online payment solutions. 

  • Get that $$$. Your customers can pay using Visa, Mastercard, WeChat Pay, and major cryptocurrencies like Ethereum. 
  • They’re flexible! Accept digital payments from mobile phones, contactless cards, mobile wallets, and more. And get your very own QR payment code. 

Your data is safe. They’re a PCI-DDS Level 1 provider. (That’s the highest level of compliance for credit card merchants).

✴️ Some more detail

Swap your fiat currency (like SGD, USD, and most national currencies) to crypto and vice-versa, without expensive fees. 

  • They can swap your USDT, USDC, Bitcoin, or Ethereum for your chosen fiat currency. You can even convert from crypto to crypto!

Government-regulated. They’re licensed by the Monetary Authority of Singapore. 

💸 What’s with the $$$?

They’ll work on product development, explore cross-border payments, and begin serving web3 businesses. 

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