SBI Group Backs dtcpay in $25M Funding Round

SBI Group invested $25 million in a funding round for dtcpay, the two companies confirmed. The financing is intended to support dtcpay’s next stage of growth.

SBI took part alongside other investors; neither company disclosed the full list of backers or the valuation tied to the round. The firms said the capital will be used to expand market presence and accelerate product development but provided no detailed spending breakdown.

SBI operates across banking, brokerage, asset management and technology ventures and has previously invested in payment processing, digital custody and blockchain-related services.

dtcpay provides payment solutions for merchants and consumers. The company said the new capital will help scale operations and broaden service coverage, and it has been expanding commercial partnerships and its technology stack to support additional payment rails and integration options.

Financial terms beyond SBI’s $25 million were not disclosed. Representatives for both companies did not provide a timetable for further fundraising or specific hiring plans tied to the round, nor did they specify whether the funds will be used for international expansion or remain focused on existing markets.

Investors have continued to allocate capital to firms that provide infrastructure for digital payments, citing merchant demand for simpler payment acceptance and consumer demand for more flexible payment options.

SBI’s participation brings capital and potential strategic support through its banking and fintech network. For dtcpay, the association may offer access to distribution channels, regulatory expertise and partnerships that could accelerate commercial deployments.