Singapore’s MetaComp Secures $22M to Build Stablecoin Payment Network

Singapore-based crypto platform MetaComp just landed a $22 million funding round—and they're betting it all on stablecoins.

The New Payments Rail

Forget slow, expensive cross-border transfers. MetaComp's vision is a dedicated network for stablecoin settlements, cutting out traditional banking middlemen and their notorious fees. The goal? Instant, global transactions priced in cents, not percentages.

Why Singapore? Why Now?

The city-state's progressive regulatory sandbox makes it a perfect testing ground. While other financial hubs debate, Singapore's Monetary Authority is actively shaping the future of digital money. MetaComp's $22 million war chest signals serious institutional confidence in that future.

The Real Test

Building the tech is one thing. Getting merchants and consumers to trust a new system over their familiar—if flawed—banking apps is another. It's the classic fintech puzzle: you can build a better mousetrap, but you still have to convince the mice to use it.

This move isn't just about payments. It's a direct challenge to the legacy financial plumbing. If it works, it could make today's international wire transfers look as archaic as sending a fax. Of course, that's a big 'if'—banking incumbents have a long history of absorbing disruptive ideas, slapping on a new fee, and calling it innovation.

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.