# Alice Liu

> Alice Liu is the Singapore-based co-founder and Chief Executive Officer of dtcpay, founded in 2019 as Digital Treasures Center. A former corporate banking managing director at China Minsheng Bank in Hong Kong, she studied in the NUS Executive MBA (Chinese) programme and met co-founder Band Zhao there. Her work focuses on regulated payments connecting stablecoins with fiat currencies; she received a FinTech Mentor Award at the Singapore FinTech Festival in 2025.

- **Role:** Co-Founder & Chief Executive Officer at dtcpay
- **Organizations:** dtcpay (Digital Treasures Center Pte Ltd), China Minsheng Bank, Carnival Group International Holdings
- **Education:** Bachelor of Finance, Shandong University of Finance and Economics, Executive MBA (Chinese), National University of Singapore Business School
- **Known for:** Co-founded a payments company that obtained a Singapore Major Payment Institution licence in 2022., Recipient of a FinTech Mentor Award at the SFF FinTech Excellence Awards 2025, jointly organised by MAS and SFA., Recognised among the Fintech Frontier Emerging 35 winners in 2025.

## Career timeline

- **Before 2019** — Worked in Hong Kong corporate banking, including as a managing director at China Minsheng Bank; subsequently held a managing director role at a Hong Kong-listed company.
- **2019** — Relocated to Singapore, enrolled in the NUS Executive MBA (Chinese) programme, and co-founded Digital Treasures Center with NUS classmate Band Zhao.
- **2020** — Began leading dtcpay as CEO, according to her August 2026 first-person interview.
- **2022** — Digital Treasures Center received in-principle approval in March and a Major Payment Institution licence from MAS in August.
- **2023** — Company rebranded to dtcpay and announced US$16.5 million in pre-Series A funding led by Kwee Liong Tek.
- **2024** — dtcpay announced its Visa partnership and agreed to establish a student award at NUS.
- **2025** — dtcpay transitioned its DPT payments to stablecoins; Liu received a FinTech Mentor Award at SFF 2025.
- **2026** — Company announced US$10 million in Series A funding in March and completed the expanded US$25 million round with SBI Group participation in September.

## Achievements

- Co-founded a payments company that obtained a Singapore Major Payment Institution licence in 2022.
- Recipient of a FinTech Mentor Award at the SFF FinTech Excellence Awards 2025, jointly organised by MAS and SFA.
- Recognised among the Fintech Frontier Emerging 35 winners in 2025.
- Led dtcpay during its Visa partnership, stablecoin payments expansion and September 2026 completion of a US$25 million Series A.

## Latest updates

- **2026-09** — dtcpay announced on 18 September that its Series A had reached US$25 million with SBI Group joining as a strategic investor.
- **2026-08** — In an Executive MBA entrepreneur interview, Liu discussed her banking background, meeting Band Zhao at NUS, and plans for international expansion.
- **2026-08** — dtcpay’s Rising Star of the Year sponsorship at the Asia FinTech Awards 2026 highlighted Liu’s mentoring and the NUS student award.
- **2026-03** — Vertex Ventures Southeast Asia & India announced its leadership of dtcpay’s US$10 million Series A funding round.
- **2025-11** — Liu received a FinTech Mentor Award at the Singapore FinTech Festival.

## Links

- Website: https://dtcpay.com/
- LinkedIn: https://www.linkedin.com/in/aliceliujia/

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Profile page: https://yespress.io/alice-liu
Published by YesPress — https://yespress.io
Last updated: 2026-10-12