Media Feature

DTCPay Rockets To Success with $16.5M Funding Round Backed By Pontiac Land Chair

As featured on CoinCu, 21 June 2023

21 Jun 2023 2 mins Read

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As featured on CoinCu, 21 June 2023


DTCPay Rockets To Success with $16.5M Funding Round Backed By Pontiac Land Chair

Key Points:

  • Singapore-based dtcpay raised $16.5M pre-Series A round led by luxury real estate firm Pontiac Land Group chairman.
  • Money will be used for product development and global expansion.
  • Since its inception in 2019, dtcpay has offered payment processing services for users who transact in both fiat and crypto.
  • David Tung, former managing director and partner at The Carlyle Group, Burgess Asia chairman Jean-Marc Poullet and Tham Sai Choy, former KPMG Singapore and Asia-Pacific chairman, also participated in the investment round.

 

Dtcpay, a Singapore-based payments startup with a crypto business, recently raised a pre-Series A round of $16.5 million.

 

The investment was led by Kwee Liong Tek, the chairman of luxury real estate firm Pontiac Land Group, which owns properties such as the Capella Hotel Group and Millennia Singapore. The latter is the proud owner of the Ritz-Carlton and Conrad hotels in Singapore.

 

The investment will be used for product development and for expanding the company’s reach globally. Since its inception in 2019, dtcpay has offered payment processing services for users who transact in both fiat and crypto.

 

In addition to Kwee Liong Tek, other notable investors in this funding round include David Tung, former managing director and partner at The Carlyle Group, Burgess Asia chairman Jean-Marc Poullet, and Tham Sai Choy, former KPMG Singapore and Asia-Pacific chairman. These are all well-respected names in the industry.

 

Although the reports did not include a valuation, it is clear that dtcpay has secured a significant amount of funding that will enable it to grow and expand its services. With the new investment, dtcpay plans to focus on product development and to explore new opportunities for growth in the global market.

 

 

Link to article:

https://coincu.com/196876-dtcpay-rockets-to-success-16-5m-funding/

 

 

Media Feature

dtcpay获得1650万美元Pre-A轮融资

As featured on DoNews, 21 June 2023

< 1 mins Read

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As featured on DoNews, 21 June 2023


dtcpay获得1650万美元Pre-A轮融资

dtcpay是一家坡加密支付提供商,为世界各地的企业提供数字支付解决方案,在单一解决方案中提供多币种掉期、在线支付、店内支付和加密支付,帮助个人和企业以无缝和高效的方式进行价值转移。dtcpay 宣布完成 1650 万美元 Pre-A 轮融资,本轮融资由 Pontiac Land Group 主席 Kwee Liong Tek 领投,凯雷集团前董事总经理/合伙人 David Tung、BURGESS 亚洲区主席 Jean Marc Poullet 和麦肯锡公司前高级合伙人 Tham Sai Choy、前 KPMG 新加坡和亚太区主席参投。(IT桔子)

 

 

Media Feature

Singapore-based dtcpay raises $16.5m in pre-Series A funding round

As featured on Deal Street Asia, 21 June 2023

< 1 mins Read

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As featured on Deal Street Asia, 21 June 2023


Singapore-based dtcpay raises $16.5m in pre-Series A funding round

Singapore-based dtcpay raises $16.5m in pre-Series A funding round

 

Read the full article here:

https://www.dealstreetasia.com/stories/dtcpay-funding-349078

 

Media Feature

Digital Payments Startup dtcpay Closes $16.5 Million Pre-A Financing Round

As featured on TokenInsight, 21 June 2023

< 1 mins Read

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As featured on TokenInsight, 21 June 2023


Digital Payments Startup dtcpay Closes $16.5 Million Pre-A Financing Round

Singapore-based digital payments startup dtcpay (formerly Digital Treasures Center) has closed a $16.5 million Series A round led by Kwee Liong Tek, Chairman of Pontiac Land, with participation from David Tung, former Managing Director and Partner of Carlyle Group, Jean-Marc Poullet, Chairman of Burgess Asia, and Tham Sai Choy, former Chairman of KPMG Singapore and Asia Pacific. This round of financing will be used for product development, strengthening operations and infrastructure capability, and expanding its global presence.

 

Founded in 2019, dtcpay offers services including account issuance, domestic money transfer, cross-border money transfer, merchant acquisition, e-money issuance and digital payment token services. It offers payment processing for users transacting across fiat and digital currencies.

 

Media Feature

新加坡加密支付提供商dtcpay完成1650万美元融资

As featured on 币有, 21 June 2023

< 1 mins Read

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As featured on 币有, 21 June 2023


新加坡加密支付提供商dtcpay完成1650万美元融资

6月21日消息,新加坡加密支付提供商dtcpay(原Digital Treasures Center)完成1650万美元融资,新加坡邦典置地(Pontiac Land)董事长Kwee Liong Tek领投,凯雷投资集团(Carlyle Group)前董事总经理兼合伙人David Tung、Burgess亚洲主席Jean-Marc Poullet以及前毕马威新加坡及亚太区主席Tham Sai Choy参投。新资金将用于产品开发,加强其运营和基础设施能力,并扩大其全球影响力。 此前3月份消息,新加坡金管局批准Digital Treasures Center提供加密货币服务;4月消息,Digital Treasures Center更名为dtcpay。

 

 

Media Feature

加密货币支付提供商dtcpay完成1650万美元融资,Kwee Liong Tek领投

As featured on 腾讯网, 21 June 2023

< 1 mins Read

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As featured on 腾讯网, 21 June 2023


加密货币支付提供商dtcpay完成1650万美元融资,Kwee Liong Tek领投

BlockBeats 消息,6 月 21 日,据 businesstimes 报道,新加坡数字支付平台 dtcpay 宣布完成 1650 万美元 Pre-A 轮融资,本轮融资由 Pontiac Land Group 主席 Kwee Liong Tek 领投,凯雷集团前董事总经理/合伙人 David Tung、BURGESS 亚洲区主席 Jean Marc Poullet 和麦肯锡公司前高级合伙人 Tham Sai Choy、前 KPMG 新加坡和亚太区主席参投。本轮融资资金将进一步投资于产品开发,建立更强大的运营/基础设施能力,并扩大 dtcpay 的全球影响力。

 

 

Media Feature

新加坡加密支付提供商dtcpay完成1650萬美元融資

As featured on Anue鉅亨, 21 June 2023

< 1 mins Read

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As featured on Anue鉅亨, 21 June 2023


新加坡加密支付提供商dtcpay完成1650萬美元融資

6月21日消息,新加坡加密支付提供商dtcpay(原Digital Treasures Center)完成1650萬美元融資,新加坡邦典置地(Pontiac Land)董事長Kwee Liong Tek領投,凱雷投資集團(Carlyle Group)前董事總經理兼合夥人David Tung、Burgess亞洲主席Jean-Marc Poullet以及前畢馬威新加坡及亞太區主席Tham Sai Choy參投。新資金將用於產品開發,加強其營運和基礎設施能力,並擴大其全球影響力。 此前3月份消息,新加坡金管局批准Digital Treasures Center提供加密貨幣服務;4月消息,Digital Treasures Center更名為dtcpay。

 

 

 

Link to article:

https://news.cnyes.com/news/id/5224042

Media Feature

加密货币支付提供商dtcpay完成1650万美元融资,Kwee Liong Tek领投

As featured on BlockBeats, 21 June 2023

< 1 mins Read

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As featured on BlockBeats, 21 June 2023


加密货币支付提供商dtcpay完成1650万美元融资,Kwee Liong Tek领投

BlockBeats 消息,6 月 21 日,据 businesstimes 报道,新加坡数字支付平台 dtcpay 宣布完成 1650 万美元 Pre-A 轮融资,本轮融资由 Pontiac Land Group 主席 Kwee Liong Tek 领投,凯雷集团前董事总经理/合伙人 David Tung、BURGESS 亚洲区主席 Jean Marc Poullet 和麦肯锡公司前高级合伙人 Tham Sai Choy、前 KPMG 新加坡和亚太区主席参投。本轮融资资金将进一步投资于产品开发,建立更强大的运营/基础设施能力,并扩大 dtcpay 的全球影响力。

 

 

Media Feature

加密货币支付提供商 dtcpay 完成 1650 万美元融资

As featured on Foresight News, 21 June 2023

< 1 mins Read

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As featured on Foresight News, 21 June 2023


加密货币支付提供商 dtcpay 完成 1650 万美元融资

Foresight News 消息,据 Business Times 报道,新加坡加密货币支付提供商 dtcpay(原 Digital Treasures Center)完成 1650 万美元 Pre-A 轮融资,Pontiac Land 董事长 Kwee Liong Tek 领投,参投方包括 Carlyle Group 前董事总经理兼合伙人 David Tung、Burgess 亚洲主席 Jean-Marc Poullet 以及毕马威前新加坡及亚太区主席 Tham Sai Choy。本轮融资将用于产品开发,加强运营能力、扩大其全球影响力等。

 

Foresight News 此前报道,Digital Treasures Center 于今年 3 月宣布获得新加坡金融管理局(MAS)运营数字支付代币服务的许可,公司将能够提供开户、商户获取、国内汇款、跨境汇款、电子货币发行以及数字支付代币服务。

 

Media Feature

dtcpay raises US$16.5 million in pre-Series A round led by Pontiac Land chairman

As featured on The Business Times, 21 June 2023

< 1 mins Read

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As featured on The Business Times, 21 June 2023


dtcpay raises US$16.5 million in pre-Series A round led by Pontiac Land chairman

DIGITAL payments startup dtcpay has raised US$16.5 million in pre-Series A funding in a round led by Pontiac Land chairman Kwee Liong Tek.

 

It will use the funds for product development, bolstering its operations and infrastructure capability, and expanding its global presence.

 

Other investors that took part in the funding round include David Tung, former managing director and partner of The Carlyle Group, Burgess Asia chairman Jean-Marc Poullet and former KPMG Singapore and Asia-Pacific chairman Tham Sai Choy.

 

Founded in 2019, dtcpay offers services including account issuance, domestic money transfer, cross-border money transfer, merchant acquisition, e-money issuance and digital payment token services. It offers payment processing for users transacting across fiat and digital currencies.