Singapore-based fintech MetaComp has secured $35 million in funding across two rounds in the last three months, backed by Alibaba in its latest Pre-A+ round, the company announced on March 12, 2026. The funding will be used to expand the company’s platform combining stablecoin payments with both tokenized and traditional wealth products.
The Pre-A+ round also drew participation from Spark Venture and existing shareholders, with 100Summit Partners serving as exclusive financial advisor, according to MetaComp. This follows a $22 million Pre-A investment secured in December 2025 from investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital.
MetaComp, licensed by the Monetary Authority of Singapore as a Major Payment Institution, provides Digital Payment Token and cross-border money transfer services to over 1,000 institutional and accredited clients across major financial hubs. The company positions itself as a bridge between conventional finance and digital assets, offering hybrid fiat-stablecoin payment rails, treasury services, and access to a range of wealth products through its affiliated entities.
The latest investment will support the development of MetaComp’s “StableX Network,” a platform designed to connect regulated financial institutions, stablecoin issuers, and other partners through blockchain infrastructure. MetaComp plans to expand the network across Asia, the Middle East, Africa, and Latin America, citing growing demand for compliant, real-time cross-border payments.
“MetaComp was built on one conviction: the future of cross-border finance will not be either traditional or digital – it’s an integrated Web2.5 architecture where traditional fiat channels and stablecoin networks operate as one,” said Tin Pei Ling, MetaComp co-founder and co-president.
Alibaba Backs Stablecoin Projects Despite China’s Restrictions
Alibaba’s investment is notable given China’s continued restrictions on the issuance of stablecoins. The company has reportedly been exploring deposit-token technology for cross-border transactions, even as a broader ban on stablecoin issuance remains in place on the mainland.
In February, Chinese authorities reiterated their stance that both foreign and domestic firms are prohibited from issuing stablecoins pegged to the national currency without explicit approval.
Analysts estimate the stablecoin market could reach $2 trillion by 2028, according to institutions including Standard Chartered, highlighting the potential for growth despite regulatory hurdles. MetaComp’s Client Asset Management Platform, operated with Alpha Ladder, currently processes over $1 billion in transactions monthly and holds more than $500 million in wealth assets, the company said. The group-level platform processed over $10 billion in payments and over-the-counter volume across more than 13 stablecoins in 2025.
Alpha Ladder Finance holds Capital Markets Services and Recognised Market Operator licenses in Singapore for products tied to securities and capital markets.
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