Singapore-based cross-border payment infrastructure provider Tazapay has announced the completion of its Series B extension round, raising the total to $36 million. The round was led by Circle Ventures, with new investors including CMT Digital and Coinbase Ventures. Existing shareholders such as Ripple, Peak XV Partners, and GMO Venture Partners also participated. Tazapay aims to leverage stablecoins and other digital-native settlement technologies to replace traditional banking systems, offering more efficient cross-border payment solutions for businesses in emerging markets.
Tazapay Secures $36 Million in Series B Extension Led by Circle Ventures
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