April 26, 2023 - dtcpay, a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across fiat and cryptocurrency, officially opened its new office in Singapore’s CBD.

The new office, located at Cecil Street, aims to develop local talent and partnerships with companies by providing seamless digital payment solutions for merchants across different industries. As part of the launch, distinguished guests such as Mr. Lee Yi Shyan, Chairman of Business China Singapore; Mr. Kwee Liong Tek, Chairman of the Pontiac Land Group; Mr. Jean-Marc Poullet, Chairman Asia Burgess; Ms. Serena Choo, CEO of Bedrock Trust; Mr. Basil Lui, Advisor of EDBI; Mr. Stephen Lee, Director of Temasek Holdings; Mr. Chia Hock Lai, Chairman of the Singapore Blockchain Association; and Mr. Wang Qing Dong, Executive Director of Taisan Asset Management was present at the opening.

“We are embarking on a journey to tackle the growing digital payments markets across Asia. Our strategy is to unify, consolidate and streamline this to make it easy for merchants and consumers alike. By establishing headquarters in Singapore, we are able fuel our growth with top notch fintech talent,” said Kanny Lee, Group CEO of dtcpay.

Earlier, dtcpay rebranded to emphasize its commitment to digital payments and bridge the gap between digital assets and traditional finance. The rebranding aligns with the appointment of Kanny Lee, a Web3 thought leader, as Group CEO and marks the start of an expansion strategy. In addition, dtcpay is poised for growth as it expands operations in Hong Kong, leveraging the region's surging digital payment adoption and strategic position as a gateway to the world's largest consumer market. Securing relevant licenses in Hong Kong will enhance dtcpay's APAC presence, unlocking China's vast market and potential CBDC opportunities.

Today, dtcpay provides digital payment solutions for businesses around the world with multi-currency swap, online payments, in-store payments, and crypto payments in a single solution that helps individuals and businesses conduct value transfers in a seamless and efficient way.

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across fiat and cryptocurrency. Our clients' customers benefit from frictionless payment experiences, whether they are using our award-winning POS+ terminal in-store or using our online checkout solution.

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services. We have expanded our global footprint with regulated subsidiaries in the Americas, Hong Kong, and the Middle East.

Find out more at dtcpay.com