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dtcpay Announces USD16.5M in Pre-Series A Funding Round Led by Mr Kwee Liong Tek
Singapore, 21 June 2023 – dtcpay, a Singapore-based digital payments platform, announced it has raised USD16.5M in a pre-Series A funding round. One of Singapore's most influential conglomerate family business owners, Mr Kwee Liong Tek, Chairman of Pontiac Land Group, led this round. The funding will further invest in product development, building more robust operations / infrastructure capabilities, and expanding dtcpay’s global presence.
DTC Pay
DTCPay is a licensed and fully regulated Major Payment Institution by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token Services and other payment services under the Payment Services Act (PSA).
