Tazapay, a regulated cross-border payment infrastructure company, announced on March 26, 2026, the close of its Series B extension round. Circle Ventures led the extension, with CMT Digital and Coinbase Ventures joining as new investors. Peak XV Partners, GMO Venture Partners, and January Capital participated in the extension. Existing backers include Ripple, Norinchukin Capital, ARC180, and RTP Global. Tazapay provides regulated last-mile infrastructure that uses modern digital settlement technology to power cross-border payments across emerging markets.
Funding Overview
Tazapay secured a Series B extension round led by Circle Ventures. The extension brings the total Series B funding to $36 million.
New investors in the extension include:
- CMT Digital
- Coinbase Ventures
Participating investors from the extension:
- Peak XV Partners
- GMO Venture Partners
- January Capital
Existing backers of Tazapay:
- Ripple
- Norinchukin Capital
- ARC180
- RTP Global
The funds support licensing expansion, go-to-market acceleration across Asia, LATAM, the Middle East, and the Americas, and development of agentic payment infrastructure.
Brian Schultz, Vice President at Circle Ventures, stated: “Stablecoin adoption in cross-border commerce depends on regulated, operationally reliable infrastructure. Tazapay has built that capability across key emerging markets. Their licensing footprint and local market integration address an essential requirement for enterprise stablecoin-to-fiat settlement.”
Kanupriya Sharda, Chief Business Officer at Tazapay, stated: “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. Tazapay’s infrastructure was built precisely for this moment. With Circle Ventures’ backing and the addition of CMT Digital and Coinbase Ventures, we now have the fuel to scale our go-to-market across the corridors where this matters most.”
About the Company
Tazapay operates as a regulated cross-border payment infrastructure company. The company powers next-generation settlement in emerging markets. Tazapay’s platform combines modern digital payment rails with a per-transaction funding model and a compliance framework. This enables capital-efficient, same-day settlement across more than 70 markets.
The company serves over 1,000 enterprises and fintechs across 30 countries. Clients include B2B businesses, marketplaces, fintechs, neobanks, and web3 companies. Tazapay has doubled revenues for three consecutive years.
Tazapay holds licenses and registrations in:
- Singapore
- Canada
- Australia
- United States
Active license applications exist in:
- UAE
- EU
- Hong Kong
The platform supports local collections and payouts in more than 70 markets through a multi-jurisdiction compliance framework. Circle Ventures serves as an affiliate of Circle Internet Financial, LLC.
Funding History
Tazapay closed its Series B extension on March 26, 2026, raising $36 million. Circle Ventures led this round. Investors included Circle Ventures (lead), Coinbase Ventures, CMT Digital, Peak XV Partners (ex-Sequoia India), GMO Venture Partners, and January Capital.
Tazapay raised its initial Series B on August 27, 2025. Amount raised was not disclosed. Investors included Peak XV Partners (ex-Sequoia India), RTP Global, Circle Ventures, GMO Venture Partners, January Capital, and Norinchukin Capital additional investors.
Market Context
Tazapay’s infrastructure replaces legacy banking rails with faster, more capital-efficient alternatives for cross-border payments. The platform addresses gaps in traditional infrastructure across emerging markets. Recent developments across the sector, such as Kairos Labs Raises $2.4M, further signal accelerating innovation in financial infrastructure and cross-border settlement technologies.
The extension supports expansion into high-growth corridors. Plans include licensing in new jurisdictions and go-to-market efforts in Asia, LATAM, the Middle East, and the Americas. Tazapay develops agentic payment infrastructure. This involves a rules engine and flexible rails for autonomous, AI-driven payment flows on compliant infrastructure. The company serves sectors where stablecoin-to-fiat settlement requires regulated operations.
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