MetaComp has raised $22 million in Pre-A funding to expand its Web 2.5 cross-border stablecoin payment network.

Odaily Planet Daily reports that MetaComp, a Singapore-based licensed stablecoin cross-border payment and treasury management service provider, has announced the completion of a $22 million Pre-A round of financing. This is one of the largest Pre-A rounds for compliant stablecoin payment companies in Singapore this year. The round was led by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital, with 100Summit Partners serving as the exclusive financial advisor.

MetaComp stated that this funding marks a significant step for the company as it transitions from the "validation phase" to the "scale-up phase," accelerating the regional expansion of its StableX Network. This network integrates and upgrades the VisionX Risk Intelligence Engine, enabling real-time cross-border settlements, compliance monitoring, and dynamic risk scoring based on stablecoins and fiat currencies.

MetaComp's cross-border stablecoin business currently covers more than 30 markets, with a monthly processing volume exceeding US$1 billion, and holds a Large Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The team states that StableX Engine supports the SWIFT system and multiple stablecoin networks, currently covering more than ten mainstream stablecoins including USDT, USDC, RLUSD, FDUSD, PYUSD, and WUSD, with plans to expand to more highly liquid and compliant assets in the future.

MetaComp co-founder Bai Bo stated that Asia is entering a period of accelerated development of stablecoin settlement infrastructure, and that "regulated stablecoin settlement will become a key financial foundation for the next decade." The company plans to further expand its presence in Southeast Asia, South Asia, and the Middle East by 2026, improving its capabilities in local fiat currency inflows and outflows and cross-border stablecoin clearing. (PRNewswire)