MAS-licensed payments provider targets Southeast Asia expansion as monthly volumes exceed $1 billionMAS-licensed payments provider targets Southeast Asia expansion as monthly volumes exceed $1 billion

Singapore's MetaComp Raises $22M for Stablecoin Payment Network

2025/12/10 10:46
Singapore's MetaComp Raises $22M for Stablecoin Payment Network

MetaComp, a Singapore-licensed stablecoin payments provider, has raised $22 million in a pre-Series A funding round to scale its cross-border settlement infrastructure across Asia.

The round was backed by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital, with 100Summit Partners serving as financial advisor.

MetaComp holds a Major Payment Institution license from the Monetary Authority of Singapore (MAS) and processes over $1 billion in monthly payment volume across more than 30 markets, according to the announcement on Tuesday. The company launched its StableX Network in November, combining its payment engine with VisionX risk-intelligence technology.

The StableX system supports both traditional Swift rails and multiple stablecoin networks, including USDT, USDC, RLUSD, FDUSD, PYUSD and WUSD. The platform provides 24/7 foreign exchange execution, routing optimization and automated liquidity management for business-to-business flows.

Tin Pei Ling, co-president of MetaComp, said increasing regulatory clarity around stablecoins has enabled enterprises to modernize settlement processes. The company will use the funding to expand StableX across Southeast Asia, South Asia and the Middle East.

MetaComp operates alongside parent company Alpha Ladder Finance, which holds Capital Markets Services and Recognised Market Operator licenses from MAS. The combined structure provides treasury management services that bridge traditional finance with digital assets.

➢ Stay ahead of the curve. Join Blockhead on Telegram today for all the latest in crypto.
+ Follow Blockhead on Google News
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
Paylaş
BitcoinEthereumNews2025/09/18 04:02