Tazapay, a cross-border payment platform, has successfully completed its Series B funding round, attracting investment from notable entities including Circle Ventures, Ripple, and Peak XV Partners. The round was led by Peak XV Partners, with additional participation from Norinchukin Capital, GMO Venture Partners, January Capital, and ARC180. Tazapay, which offers local payment solutions in over 70 markets, has reached operational breakeven and is experiencing 300% annual growth.
The company plans to utilize the new capital to expand its licensing in key global markets. Tazapay currently holds licenses in Singapore, Canada, and the European Union, and is seeking additional licenses in the UAE, the US, Hong Kong, and Australia, along with a Digital Payment Token license in Singapore.
Tazapay Secures Series B Funding with Circle Ventures and Ripple
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.