Tazapay, a payment infrastructure company for emerging markets, has closed its Series B extension, raising a total of US$36 million. The round was led by Circle Ventures.
New investors in this round include CMT Digital and Coinbase Ventures. They join existing investors like Peak XV Partners, GMO Venture Partners, January Capital, Ripple, Norinchukin Capital, ARC180, and RTP Global.
Tazapay has built a trusted payment infrastructure for businesses across APAC and other emerging markets. Their strong regulatory and compliance system, covering multiple licenses, regions, and payment channels, lets companies move money safely even where traditional systems struggle.
Using modern payment technology and a per-transaction funding model, Tazapay allows fast, efficient, and large-scale money transfers in real time.
Kanupriya Sharda, Chief Business Officer, Tazapay: “The demand we’re seeing from enterprises and fintechs across Asia, LATAM, and the Middle East is unmistakable; businesses want to move money faster, cheaper, and with full regulatory confidence. Tazapay’s infrastructure was built precisely for this moment. With Circle Ventures’ backing and the addition of CMT Digital and Coinbase Ventures, we now have the fuel to scale our go-to-market across the corridors where this matters most.”
Brian Schultz, Vice President, Circle Ventures: “Stablecoin adoption in cross-border commerce depends on regulated, operationally reliable infrastructure. Tazapay has built that capability across key emerging markets. Their licensing footprint and local market integration address an essential requirement for enterprise stablecoin-to-fiat settlement.”
Founded in 2020, Tazapay is a regulated company that helps businesses make cross-border payments in emerging markets. Its modern digital platform allows fast and efficient money transfers while following strict compliance and licensing rules.
Tazapay provides payment solutions for B2B companies, marketplaces, fintechs, neobanks, and web3 businesses in 70 markets around the world.
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