DCS closed its largest $450 million securitization with a rare AAA rating, backed by strong credit and major global investors, to expand digital payments worldwide.

DCS, a Singapore-based non-bank financial institution regulated by MAS, completed a S$450 million asset-backed securitisation, the largest in its history, with senior notes receiving a rare AAA(sf) rating from Fitch Ratings due to strong credit quality and low charge-offs. The transaction attracted major international investors including DBS, Manulife, Apollo, and PIMCO, highlighting confidence in DCS’s financial resilience and strategic shift toward integrating traditional and blockchain-based payment systems. The proceeds will support expansion in card issuing, merchant acquiring, and digital economy innovations across global markets.