For subscribers

S’pore-based digital payments firm dtcpay sets sights on expansion after raising $22.1 million

Sign up now: Get ST's newsletters delivered to your inbox

dtcpay group chief executive Kanny Lee said that the pre-Series A funding round will help the firm enter the hospitality sector in particular.

dtcpay group chief executive Kanny Lee said that the pre-Series A funding round will help the firm enter the hospitality sector in particular.

PHOTO: DTCPAY

Follow topic:

SINGAPORE – Singapore-based digital payments firm dtcpay is looking to accelerate its domestic and overseas expansion plans after raising US$16.5 million (S$22.1 million) in a funding round led by real estate billionaire Kwee Liong Tek.

The fresh funding will help the firm ramp up product developments and partnerships, as well as set up offices in Hong Kong and Dubai, its group chief executive Kanny Lee told The Straits Times in an exclusive interview.

See more on