Singapore Fintech Tazapay Secures $36M Series B Extension Led by Circle Ventures to Power Cross-Border Payments

Tazapay, a Singapore-based payment infrastructure provider, has raised a $36 million Series B funding extension.

The round was led by Circle Ventures, with new investors CMT Digital and Coinbase Ventures joining existing backers like Peak XV Partners and Ripple.

Funding Details and Investor Confidence

Established in Singapore, Tazapay focuses on regulated cross-border payments for businesses in Asia Pacific and emerging markets.

The company holds licenses across Singapore, Canada, Australia, and the United States, with applications pending in the UAE, EU, and Hong Kong.

Advanced Payment Technology

Tazapay's platform offers digital settlement technology for real-time, capital-efficient transactions at scale.

Its flexible rails and rules engine support autonomous, AI-driven payments on compliant infrastructure.

Chief Business Officer Kanupriya Sharda emphasized the surging demand from enterprises in Asia, LATAM, and the Middle East for faster, cheaper payments.

Brian Schultz from Circle Ventures highlighted Tazapay's role in enabling stablecoin adoption through reliable infrastructure.

Expansion and Market Impact

The funding will fuel licensing expansions and go-to-market acceleration in high-growth corridors like Latin America and the Middle East.

Tazapay aims to replace legacy banking systems with modern rails, transforming cross-border commerce.

This investment signals strong investor belief in compliant payment solutions for emerging markets' digital economy.