MetaComp Closes $35M Raise With Alibaba Backing

European early-stage investor Spark Venture also participated in the round, with Beijing-based 100Summit Partners acting as exclusive financial adviser.

Crypto News

Singapore-based stablecoin payment firm MetaComp said Friday it completed a Pre-A+ funding round backed by Alibaba, bringing its total capital raised to $35 million across two rounds in three months. European early-stage investor Spark Venture also participated in the round, with Beijing-based 100Summit Partners acting as exclusive financial adviser.

MetaComp previously closed a $22 million Pre-A round in December 2025, which drew investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital. The combined fundraise adds to growing investor interest in regulated

infrastructure for cross-border payments across Asia.

Founded in 2018, MetaComp serves global financial institutions and high-net-worth individuals through hybrid fiat and stablecoin payment solutions, alongside access to traditional and tokenized wealth management products. The company plans to use the new capital to expand its StableX Network, a blockchain-based platform connecting regulated financial institutions, stablecoin issuers, and related partners.