Alibaba-backed MetaComp closes $35M funding round for stablecoin payment network

Singapore-based fintech MetaComp has secured new funding to expand its stablecoin payment infrastructure, marking another sign of growing investor interest in regulated blockchain-based payment systems.

The company announced Friday that it completed a Pre-A+ funding round backed by Alibaba, bringing total capital raised to approximately $35 million across two rounds within three months.

The latest investment signals confidence in MetaComp’s stablecoin payment infrastructure strategy as financial institutions increasingly explore blockchain technology for cross-border settlement and digital asset services.

The funding round also included participation from Spark Venture, a European early-stage venture capital firm, while 100Summit Partners served as exclusive financial adviser.

MetaComp said the new capital will support global expansion of its StableX Network, a platform designed to connect regulated financial institutions and stablecoin issuers through blockchain-enabled stablecoin payment infrastructure.

Funding reflects growing demand for stablecoin payment infrastructure

The latest investment underscores a broader industry trend toward developing regulated stablecoin payment infrastructure capable of supporting cross-border financial transactions.

As digital assets become more integrated with traditional financial systems, investors are increasingly backing platforms that combine fiat payment rails with blockchain technology.

MetaComp previously raised $22 million in a Pre-A funding round announced in December 2025, with participation from investors including Eastern Bell Capital, Noah Holdings, Sky9 Capital, Freshwave Fund and Beingboom Capital.

According to the company, the continued investor support reflects growing demand for regulated digital payment networks that can handle both traditional currencies and stablecoins.

“MetaComp was built on a single conviction: that the future of cross-border finance is neither purely traditional nor purely digital — it’s the integrated Web2.5 architecture where fiat rails and stablecoin networks operate as one,” — Tin Pei Ling, Co-President, MetaComp.

Analysts say the rise of hybrid financial systems is accelerating interest in stablecoin payment infrastructure, particularly among banks and payment providers seeking faster settlement and lower transaction costs.

MetaComp’s StableX Network targets global expansion

Founded in 2018, MetaComp provides financial technology services for global financial institutions and high-net-worth individuals, offering hybrid fiat and stablecoin solutions alongside access to traditional and tokenized wealth management products.

With the new funding, the company plans to expand its StableX Network, which functions as a blockchain-powered stablecoin payment infrastructure connecting banks, payment platforms, and digital asset issuers.

MetaComp said the network will focus on expansion across regions where demand for real-time settlement and digital asset services is growing rapidly, including Asia, the Middle East, Africa, and Latin America.

These markets are increasingly exploring stablecoin payment infrastructure as an alternative to slower and more expensive international banking transfers.

The StableX platform aims to provide regulated institutions with a secure framework to settle transactions instantly while maintaining compliance with financial regulations.

Alibaba’s investment signals strategic interest

Alibaba’s participation in the funding round is notable given China’s strict regulatory stance on cryptocurrency issuance.

The involvement of the e-commerce and technology conglomerate suggests continued interest in blockchain-based financial infrastructure for international transactions.

Reports earlier indicated that Alibaba had explored deposit-token technology for overseas payments, even as mainland Chinese regulators maintain tight restrictions on stablecoin issuance tied to the national currency.

In February, Chinese authorities reiterated that both domestic and foreign companies cannot issue stablecoins pegged to the Chinese yuan without regulatory approval.

Nevertheless, the company’s backing of MetaComp’s stablecoin payment infrastructure highlights growing interest among large technology firms in blockchain-based financial systems that operate beyond domestic regulatory constraints.

Stablecoin payment infrastructure seen as future of cross-border finance

Industry analysts say the continued development of stablecoin payment infrastructure could transform global financial transactions by enabling near-instant settlement and reducing reliance on traditional correspondent banking networks.

Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to fiat currencies are increasingly used for payments, remittances, and digital asset trading.

According to research cited by Standard Chartered, the global stablecoin market could reach $2 trillion by 2028 as adoption expands across financial services.

“Stablecoins have the potential to improve efficiency in cross-border payments and financial settlement,” — analysts at Standard Chartered.

With additional funding and strategic backing, MetaComp aims to position its StableX platform as a key global stablecoin payment infrastructure connecting regulated institutions across multiple regions.

As financial institutions continue to explore blockchain solutions for payments and asset settlement, the expansion of stablecoin payment infrastructure may play a central role in shaping the future of global finance blending traditional banking systems with digital asset networks in a regulated and scalable framework.