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Singapore Fintech dtcpay Raises $16.5M In Pre-Series A Round, Aims To Bridge Traditional And Digital Currencies

Singapore-based fintech company, dtcpay, which specializes in bridging traditional and digital currencies through its integrated payment platform, has successfully garnered US$16.5 million (equivalent to $22.2 million) in a pre-Series A funding round.

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

Who are the Richest Billionaires in Singapore Who Made the 2021 Annual Forbes List?

#140 Eduardo Saverin Net Worth: US$14.6B In 2004 Eduardo Saverin, who is currently based in Singapore, co-founded Facebook with Mark Zuckerberg. In 2012, the pair parted ways though Saverin continues to retain a small stake in Facebook which provides him with most of his wealth. In 2016, Saverin launched a venture fund called B Capital with Raj Ganguly. This fund has since managed to raise SGD$766 million and they invest heavily in tech firms around the world.    Net Worth: US$13.3B Robert and Phillip Ng, who are brothers, run Far East Organisation which is Singapore s largest private landlord and property developer. The company was founded by their father Ng Teng Fong. 

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