Tazapay, a Singapore-based payment infrastructure provider, has closed a Series B funding extension, bringing its total Series B funding to $36 million.
The round was led by Circle Ventures, with participation from CMT Digital and Coinbase Ventures, alongside existing investors including Peak XV Partners and others.
Funding Details and Investor Confidence
Tazapay focuses on regulated cross-border payments for businesses operating in Asia Pacific and emerging markets.
The company holds licenses and registrations across Singapore, Canada, Australia, and the United States, with active applications underway in the UAE, EU, and Hong Kong.
Advanced Payment Technology
Tazapay's platform offers digital settlement technology that enables real-time, capital-efficient transactions at scale.
Its flexible rails and rules engine are designed to support autonomous, AI-driven (agentic) payments on compliant infrastructure.
Chief Business Officer Kanupriya Sharda highlighted strong demand from enterprises across Asia, LATAM, and the Middle East for faster, more cost-efficient, and compliant payment solutions.
Brian Schultz of Circle Ventures emphasized Tazapay’s role in supporting stablecoin adoption through reliable, regulated infrastructure.
Expansion and Market Impact
The funding will support licensing expansion across multiple jurisdictions and accelerate go-to-market efforts in high-growth corridors such as Latin America and the Middle East.
Tazapay aims to replace slower legacy banking systems with modern payment rails, supporting the evolution of cross-border commerce.
This investment reflects growing investor confidence in compliant, scalable payment infrastructure for emerging markets’ digital economy.
Alfred Lee
