[Bitpush] Singapore-based licensed stablecoin payment service provider MetaComp has just secured $22 million in a Pre-A round of financing. Investors include Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital, with 100Summit Partners acting as the exclusive financial advisor. This amount is considered one of the largest Pre-A rounds this year among compliant payment companies of its kind in the region.
The team stated that this round of financing marks the company’s official transition from the validation stage to large-scale expansion. Their core product, StableX Network, integrates an upgraded VisionX risk intelligence engine, enabling real-time cross-border settlement between stablecoins and fiat currencies, while also providing compliance monitoring and dynamic risk scoring.
Currently, MetaComp’s cross-border stablecoin business has expanded to over 30 markets, with a monthly processing volume exceeding $1 billion. The company also holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Their StableX Engine can connect to both the traditional SWIFT system and multiple stablecoin networks, now supporting over a dozen mainstream stablecoins including USDT, USDC, RLUSD, FDUSD, PYUSD, and WUSD, with plans to onboard more high-liquidity compliant assets in the future.
MetaComp co-founder Bai Bo believes that Asia is accelerating the development of stablecoin settlement infrastructure, stating that “regulated stablecoin settlement will become a key foundational financial infrastructure for the next decade.” The company plans to continue focusing on Southeast Asia, South Asia, and the Middle East by 2026, further strengthening its local fiat on/off-ramp and cross-border stablecoin clearing capabilities.
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AirdropHunterXiao
· 9h ago
$22 million, this funding amount is pretty good for a Pre-A round. It seems Singapore is really gearing up.
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ChainMelonWatcher
· 16h ago
Wow, $22 million Pre-A? The payment track here in Singapore is really heating up. This amount of funding is unmatched locally. The stablecoin payment route is definitely being looked at favorably.
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ProposalDetective
· 12-11 01:34
Another payment project fundraising, it really feels like the stablecoin track is taking off.
Handling $1 billion per month, this data is indeed impressive, but raising so much at Pre-A? Compliance in Singapore is truly valuable.
StableX Network sounds a bit familiar, I wonder if the technology can truly be implemented at the technical level.
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NFTRegretter
· 12-09 02:30
$22 million Pre-A, another compliant payment player from Singapore is here. Honestly, this amount of funding is not small this year. Now it just depends on whether StableX Network’s product is reliable or not.
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MEVictim
· 12-09 02:25
Bro, $22 million Pre-A is indeed a big sum in the compliant payments sector in Singapore... But looking at the lineup of investors, it feels a bit traditional? They said they would move from validation to scaling—does this mean stablecoin payments will be another round of hype?
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zkProofGremlin
· 12-09 02:12
Damn, a $22 million Pre-A round—are Singapore’s payment startups really raising this much now?
MetaComp’s investor lineup looks pretty solid, but processing over $1 billion a month is the real highlight. Having regulatory licenses plus stablecoin payments is definitely a promising track.
StableX Network is undergoing an integrated upgrade... but what exactly is being upgraded? Didn’t finish reading.
Shifting from validation to scaling up sounds good, just not sure how the market will actually respond.
Singaporean payment companies are really starting to compete fiercely now.
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0xLostKey
· 12-09 02:04
Stablecoin payments again—this sector is getting extremely competitive.
Singapore licensed payment provider MetaComp secures $22 million in Pre-A funding, monthly processing volume surpasses $1 billion
[Bitpush] Singapore-based licensed stablecoin payment service provider MetaComp has just secured $22 million in a Pre-A round of financing. Investors include Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital, with 100Summit Partners acting as the exclusive financial advisor. This amount is considered one of the largest Pre-A rounds this year among compliant payment companies of its kind in the region.
The team stated that this round of financing marks the company’s official transition from the validation stage to large-scale expansion. Their core product, StableX Network, integrates an upgraded VisionX risk intelligence engine, enabling real-time cross-border settlement between stablecoins and fiat currencies, while also providing compliance monitoring and dynamic risk scoring.
Currently, MetaComp’s cross-border stablecoin business has expanded to over 30 markets, with a monthly processing volume exceeding $1 billion. The company also holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Their StableX Engine can connect to both the traditional SWIFT system and multiple stablecoin networks, now supporting over a dozen mainstream stablecoins including USDT, USDC, RLUSD, FDUSD, PYUSD, and WUSD, with plans to onboard more high-liquidity compliant assets in the future.
MetaComp co-founder Bai Bo believes that Asia is accelerating the development of stablecoin settlement infrastructure, stating that “regulated stablecoin settlement will become a key foundational financial infrastructure for the next decade.” The company plans to continue focusing on Southeast Asia, South Asia, and the Middle East by 2026, further strengthening its local fiat on/off-ramp and cross-border stablecoin clearing capabilities.