Digital payment platform dtcpay completes $16.5 million financing, led by Kwee Liong Tek

ChainCatcher news, Singapore's cryptocurrency payment platform dtcpay announced the completion of a $16.5 million Pre-A round of financing. This round was led by Pontiac Land Group Chairman Kwee Liong Tek, with participation from former Carlyle Group Managing Director/Partner David Tung, BURGESS Asia Chairman Jean Marc Poullet, former McKinsey Senior Partner Tham Sai Choy, and former KPMG Singapore and Asia Pacific Chairman.

The funds from this round of financing will be further invested in product development, building stronger operational/infrastructure capabilities, and expanding dtcpay's global influence. (The Business Times)