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NewsDigital Assets · JPM

Dtcpay closes $25 million Series A with SBI Group to expand stablecoin merchant network

A $25 million Series A brings SBI Group into dtcpay's capital structure, giving the stablecoin payments firm fresh runway to extend its merchant network and scale its product suite. The round includes funding for a revamped business portal for enterprise clients, the operational detail most directly tied to throughput.

By Miles BroadbentDigital Assets DeskSeptember 18, 20262 min readJPM
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Key takeaways

  • Dtcpay closed a $25 million Series A that brings SBI Group into its capital structure to expand its stablecoin merchant network and scale its product suite.
  • The round includes funding for a revamped business portal for enterprise clients, the named deliverable within the expansion.
  • No individual check size for SBI Group has been attributed, and no timeline for the portal launch or merchant network expansion has been disclosed.
  • The portal launch is the near-term milestone, after which merchant additions will measure whether the capital converts to network capacity.
  • The rebuilt portal targets the onboarding layer, aiming to shorten the lead time between a client signing on and going live.

A $25 million Series A brings SBI Group into dtcpay's capital structure, giving the stablecoin payments firm fresh runway to extend its merchant network and scale its product suite. The round includes funding for a revamped business portal for enterprise clients, the operational detail most directly tied to throughput.

For a stablecoin payments firm, merchant network depth is the order book. Each enterprise client represents a live settlement lane, and the business portal is where those clients track throughput and decide whether to commit their volume to dtcpay or route it elsewhere. A rebuild of that portal is an intervention at the onboarding layer, where the lead time between a client signing on and going live either shrinks or doesn't.

SBI Group's participation as an institutional backer is the other fact in focus. No individual check size for SBI Group has been attributed, and no timeline for the portal launch or for merchant network expansion has been disclosed. What the round confirms is direction: scaling the product suite and expanding the merchant network, with the enterprise portal as the named deliverable within that expansion.

Stablecoin payment rails generate on-chain settlement data that is visible before any press release catches up to it. The portal launch is the near-term milestone. After that, merchant additions are the measure of whether $25 million in fresh capital converts to real network capacity on the tape.

Related reading

About this story

Filed by the digital assets desk of MarketPR on September 18, 2026. Source: theblock.co. Indicative figures are not investment advice.

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Frequently asked

How much did dtcpay raise and who is the new investor?

Dtcpay raised a $25 million Series A that adds SBI Group as an institutional backer to its capital structure.

What will dtcpay use the funding for?

The funding will expand dtcpay's merchant network, scale its product suite, and fund a revamped business portal for enterprise clients.

What is the significance of the business portal?

The business portal is where enterprise clients track throughput and decide whether to commit their volume to dtcpay, and the rebuild targets the onboarding layer to shorten the time from signing on to going live.

How large was SBI Group's specific investment?

No individual check size for SBI Group has been attributed in the article.

When will the portal launch or merchant expansion happen?

No timeline for the portal launch or for merchant network expansion has been disclosed.