Singapore-based MetaComp raises $35 million in funding backed by Alibaba

Singapore-based digital finance infrastructure provider MetaComp has raised a total of $35 million across two Pre-A funding rounds completed across three months.

The company announced Friday that the latest financing round was backed by Alibaba, Spark Venture, and existing shareholders, with 100Summit Partners serving as financial adviser. 

MetaComp operates a so-called “Web2.5” platform that bridges traditional fiat payment rails with stablecoin settlement infrastructure. In 2025, it processed over $10 billion in payments and over-the-counter volume across more than 13 stablecoins, according to its statement.

The company plans to use the proceeds from the latest funding to expand its StableX Network, which facilitates real-time cross-border settlements using both stablecoins and traditional currencies. It intends to focus on high-growth regional hubs across Asia, the Middle East, Africa, and Latin America.

MetaComp also intends to invest in AI capabilities to support an “agentic Web2.5” architecture that powers automated payment and wealth management services.

“Traditional payment systems remain constrained by multi-day settlement cycles, high costs, and limited currency coverage, and that gap is exactly what we were founded to solve,” Tin Pei Ling, co-president of MetaComp, said in the statement.

The company said it achieved full-year net profitability in 2025. Combined with operating cash flow and other capital sources, MetaComp said the latest funding brings its available liquidity to more than $100 million.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Icon Bitcoin Cryptocurrency

Trade Crypto On Coinhub Exchange

Trade Crypto On Coinhub Exchange

Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!

Disclaimer

The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.

Read more

💹 Related News

🔥 Popular News

Referral Reward Program – Earn Commissions!  Learn More Icon Long Arrow