The Singapore-based emerging market payment infrastructure company Tazapay announced the completion of its Circle Ventures-led Series B extension, bringing the total amount of Series B funding to $36 million.
According to a statement from Tazapay, the company’s current backers include Ripple, Norinchukin Capital, ARC180, and RTP Global. New investors CMT Digital and Coinbase Ventures join Circle Ventures, Peak XV Partners, GMO Venture Partners, and January Capital in the Series B extension.
Tazapay’s regulatory footprint will be strengthened and access to new high-growth corridors made possible by the Series B extension, which will facilitate the company’s licensing expansion across numerous jurisdictions worldwide.
Additionally, it facilitates GTM acceleration in the Americas, Asia, Latin America (LATAM), and the Middle East—regions where modern, compliant payment infrastructure is a crucial component lacking in cross-border trade.
Additionally, agentic payment infrastructure will be supported. Developers and businesses can create agentic payment flows on top of fully compliant, reliable, and licensed infrastructure thanks to Tazapay’s adaptable rails and rules engine, which are specifically designed to support the next frontier of autonomous, AI-driven payments.
“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,” said Kanupriya Sharda, Chief Business Officer, Tazapay.
For companies operating in Asia Pacific (APAC) and emerging markets, Tazapay has positioned itself as a regulated cross-border payment platform.
Businesses can transfer money in areas with limited traditional infrastructure due to its compliance framework, which covers numerous licenses, jurisdictions, and payment corridors.
Real-time, capital-efficient transactions at scale are made possible by the platform’s digital settlement technology and per-transaction funding model.
With active applications in the UAE, EU, and Hong Kong, Tazapay has licenses and registrations in Singapore, Canada, Australia, and the US.
Investors have supported the expansion, demonstrating their faith in Tazapay’s modern payment rails and regulated infrastructure, which seek to replace slower legacy banking systems with quicker, more effective options for cross-border business payments.
“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,” said Brian Schultz, Vice President, Circle Ventures.
