Singapore-based financial technology firm MetaComp has completed a Pre-A+ funding round backed by Chinese e-commerce giant Alibaba, bringing its cumulative fundraising total to $35 million across two rounds in just three months. The latest round also included participation from European early-stage venture capital investor Spark Venture, with Beijing-based 100Summit Partners serving as the exclusive financial adviser.
This investment highlights growing institutional interest in regulated stablecoin infrastructure for cross-border payments, particularly in Asia. MetaComp, founded in 2018, serves global financial institutions and high-net-worth individuals by offering hybrid fiat and stablecoin payment solutions alongside access to traditional and tokenized wealth management products.
The new capital will be used to accelerate the expansion of MetaComp's StableX Network, a blockchain-based platform that connects regulated financial institutions, stablecoin issuers, and other partners. The network aims to expand across high-growth corridors in Asia, the Middle East, Africa, and Latin America, where demand for compliant, real-time cross-border settlement is surging.
Tin Pei Ling, Co-President of MetaComp, stated: "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." She added that the consecutive funding rounds reflect strong institutional confidence in this thesis.
MetaComp's positioning is strengthened by its comprehensive licensing from the Monetary Authority of Singapore (MAS) as a Major Payment Institution, authorized to provide Digital Payment Token (DPT) and Cross-border Money Transfer (CBMT) services. The company's proprietary Client Asset Management Platform (CAMP) operates at a monthly run rate exceeding $1 billion and manages over $500 million in wealth assets. In 2025, the group-level platform processed over $10 billion in payments and over-the-counter volume across more than 13 stablecoins.
Alibaba's involvement is particularly notable given earlier reports that the company was exploring deposit-token technology for overseas transactions, even as mainland China maintains tight restrictions on stablecoin issuance. The Chinese government reiterated in February that foreign and domestic companies cannot issue stablecoins pegged to the national currency without approval.
Spark Venture commented on the investment, stating: "MetaComp is building next-generation payment infrastructure at the intersection of fiat and digital assets — a market we believe represents tens of trillions of dollars in opportunity." The firm highlighted MetaComp's experienced leadership team, which brings over 20 years of combined experience across finance, technology, and blockchain.
MetaComp achieved full-year net profitability in 2025, demonstrating the commercial viability of its regulated Web2.5 digital financial solutions at an institutional scale. Combined with operating cash flows and other capital sources, the funding brings MetaComp's immediate available liquidity to over $100 million.
