Cross-border payment infrastructure provider Tazapay closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase Ventures, CMT Digital, Peak XV Partners, and Ripple. The funding will be used to expand digital settlement technology for cross-border payments, secure additional licenses, and grow across Asia, Latin America, the Middle East, and the Americas.
Tazapay serves over 1,000 enterprises and fintechs across 30 countries. It holds licenses in Singapore, Canada, Australia, and the United States, with active applications in the European Union, United Arab Emirates, and Hong Kong.
Tazapay founding team. Left to right: Aayush Singhania (CPO), Kanupriya Sharda (CBO), and Rahul Shinghal (CEO). Source: Tazapay