Media Feature
Singapore’s dtcpay tops up with $16.5M to expand globally
As featured on BackScoop, 22 Jun 2023
22 Jun 2023 • 2 mins Read
As featured on BackScoop, 22 Jun 2023
Digital Treasures Center, a regulated and licensed payments service provider in Singapore, has rebranded itself as “dtcpay” to reflect its commitment towards digital payments. The company aims to bridge the gap between digital assets and traditional finance, helping businesses grow quickly by accepting payment methods that customers prefer, across both fiat and digital currencies.
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.
- They’ll also set up offices in Hong Kong and Dubai.
