Tazapay has closed its Series B extension, raising $36 million. According to the announcement, the round was led by Circle Ventures, with new investors CMT Digital and Coinbase Ventures joining existing backers including Peak XV Partners, GMO Venture Partners, January Capital, Ripple, Norinchukin Capital, ARC180, and RTP Global.
Regulated, scalable infrastructure for emerging markets
Tazapay has positioned itself as a trusted infrastructure layer for businesses across APAC and other emerging markets. Its industry-leading compliance framework spans multiple licenses, jurisdictions, and payment corridors, giving enterprises confidence in moving funds where conventional systems often fall short.
The company’s modern payment rails, combined with a per-transaction funding model, allow real-time, capital-efficient settlement at scale. Tazapay has achieved three consecutive years of revenue doubling and now serves over 1,000 enterprises and fintechs across 30 countries. Licenses and registrations currently cover Singapore, Canada, Australia, and the United States, with applications underway in the UAE, EU, and Hong Kong.
Fueling growth and agentic payments
The Series B extension will accelerate Tazapay’s licensing expansion, go-to-market efforts in Asia, LATAM, the Middle East, and the Americas, and development of agentic payment infrastructure. This enables enterprises and developers to build AI-driven, autonomous payment flows atop fully licensed, compliant infrastructure.
Tazapay’s growth aligns with Circle’s wider push to expand its Circle Payments Network. Circle recently added local currency payout corridors across India, Singapore, the Philippines, the UAE, the EU, and the US, allowing banks, payment providers, and digital asset firms to settle stablecoin payments such as USD Coin directly into local currencies via domestic rails.
Kanupriya Sharda, Tazapay’s Chief Business Officer, highlighted the surge in enterprise demand for faster, cheaper, and fully compliant cross-border payments, noting that the new funding positions Tazapay to scale globally. Brian Schultz, VP at Circle Ventures, emphasized that reliable, regulated infrastructure is key to stablecoin adoption in cross-border commerce. With this funding, Tazapay is set to accelerate its mission to make global payments seamless, compliant, and future-ready.
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