Fintech company DCS Fintech Holdings receives US$10 million in strategic financing from Foresight Ventures

Odaily News Singaporean financial technology company DCS Fintech Holdings received a strategic investment of US$10 million from Foresight Ventures to create a cryptocurrency-fiat deposit solution. It is reported that DCS Card Center (formerly Diners Club Singapore), a subsidiary of DCS Fintech Holdings, is a credit card issuer regulated by the Monetary Authority of Singapore. It will use the funds to develop new payment solutions to provide seamless connectivity between Web2 and Web3 . (Cointelegraph) Previously, the financial institution DCS Card Center (DCS) announced the launch of its payment token DCS Tokens (DUS), which will first be deployed and issued on the PlatON network.