Tazapay Secures $36M to Enhance Payment Infrastructure in Emerging Markets
- Tazapay raised $36 million in a Series B extension round led by Circle Ventures.
- New investors include CMT Digital and Coinbase Ventures, joining existing backers like Ripple and Peak XV Partners.
- The company operates payment rails across 70 markets and serves over a thousand enterprises globally.
- Revenue has doubled annually for three consecutive years.
- Tazapay holds payment licenses in Singapore, Canada, Australia, and the United States, with pending applications in the UAE, EU, and Hong Kong.
Tazapay is enhancing its payment infrastructure to meet growing demands for faster cross-border payments in Asia, Latin America, and the Middle East. The funding will support expansion of licensing coverage and development of agentic payment infrastructure for AI-driven financial flows.
With this new capital injection led by Circle Ventures and supported by key players like Ripple, Tazapay is well-positioned to compete in high-growth corridors where demand outpaces existing infrastructure capabilities. (Source)
