What did Tazapay raise in its Series B funding round?

Tazapay raised a total of $36 million in its Series B round after a funding extension led by Circle Ventures. Other investors included Coinbase Ventures, Ripple, CMT Digital and Peak XV Partners. The funding supports expansion of its cross-border payments infrastructure.

What does Tazapay actually do in the payments space?

Tazapay provides cross-border payment infrastructure for enterprises and fintechs. It focuses on digital settlement solutions, including stablecoin-based rails, to make international payments faster and cheaper. The company operates across 30 countries with over 1,000 clients.

Why is Circle Ventures investing in Tazapay?

Circle, the issuer of USDC, is investing to support the growth of stablecoin-based payment infrastructure. Expanding real-world use cases for stablecoins like USDC aligns with Circle’s strategy. This could drive more transaction volume across its ecosystem.

How will Tazapay use the $36 million funding?

Tazapay plans to use the funds to expand geographically across Asia, Latin America, the Middle East and the Americas. It will also secure additional licences and invest in “agentic payments” infrastructure. This refers to automated, AI-driven payment systems.

What are “agentic payments” and why do they matter?

Agentic payments refer to automated transactions handled by AI agents or software systems. These systems can execute payments without manual input based on predefined conditions. This could improve efficiency in global commerce, though adoption is still evolving.

How big is Tazapay’s current business?

Tazapay serves more than 1,000 enterprises and fintechs across 30 countries. It already holds licences in Singapore, Canada, Australia and the United States. The company is also applying for licences in the EU, UAE and Hong Kong.

Why is there growing interest in stablecoin-based payments?

Stablecoins allow faster and cheaper cross-border transactions compared to traditional systems like SWIFT. They also offer near-instant settlement and lower fees. This makes them attractive for businesses moving money internationally.

Who are Tazapay’s main competitors in this space?

Competitors include Ripple, which has processed over $100 billion in payments across more than 60 markets, and Conduit, which is positioning itself as a SWIFT alternative. This shows increasing competition in modernising global payments infrastructure.

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Circle backs Tazapay as funding hits $36M

Written by Mahathir BayenaPublished Mar 27, 2026, 12:00 AM

Cross-border payments firm Tazapay has raised a total of $36 million in its Series B round after a funding extension led by Circle Ventures.

The round also included Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple, as the company expands its digital settlement infrastructure.

“The demand we’re seeing from enterprises and fintechs across Asia, LATAM, and the Middle East is unmistakable; businesses want to move money faster, cheaper, and with full regulatory confidence,”

Said Tazapay chief business officer, Kanupriya Sharda.

Tazapay said the new capital will be used to expand across Asia, Latin America, the Middle East and the Americas, while securing additional licences and building infrastructure for “agentic payments.”

The company currently serves more than 1,000 enterprises and fintechs across 30 countries, with licences in Singapore, Canada, Australia and the United States.

The funding comes amid growing interest in stablecoin-powered payment infrastructure, as firms look to improve cross-border settlement speed and cost efficiency.

Competitors including Ripple and Conduit are also scaling similar platforms, highlighting increasing competition to modernise global payments beyond legacy systems like SWIFT.