Tazapay's Series B extension reaches $36M with Circle at the helm
Cross-border payment infrastructure firm Tazapay announced that Circle spearheaded an extension round, pushing its Series B total to $36 million amid expansion of international payment infrastructure.
Tazapay, a provider of cross-border payment infrastructure solutions, announced the completion of an extension to its Series B investment round with Circle Ventures serving as the lead investor, elevating the company's total capital raised to $36 million. Additional backing in this funding round came from notable investors including Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple.
In a Thursday announcement, Tazapay outlined its strategic plans for the newly secured capital, which will focus on advancing its digital settlement capabilities for international payments, obtaining additional regulatory licenses, scaling operations throughout Asia, Latin America, the Middle East and the Americas, and developing infrastructure to support emerging "agentic payments" technology.
According to the company, Tazapay currently provides services to more than 1,000 enterprise clients and financial technology companies operating across 30 nations worldwide. The firm maintains regulatory licenses in Singapore, Canada, Australia, and the United States, while actively pursuing licensing applications in the European Union, United Arab Emirates and Hong Kong markets.
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
Kanupriya Sharda, chief business officer at Tazapay
When contacted by Cointelegraph regarding the specific amount of the extension tranche and the company's current valuation, Tazapay had not provided a response prior to publication.
Investors flock to stablecoin payment infrastructure
This funding extension arrives at a time when cryptocurrency and financial technology companies are increasingly investing in stablecoin-powered infrastructure for cross-border payment solutions.
Ripple announced on March 3 that it had transformed Ripple Payments into a comprehensive end-to-end platform supporting both stablecoins and fiat currencies, designed specifically for banking institutions and fintech enterprises. According to the company's statement, the platform currently operates in over 60 global markets and has facilitated transaction volumes exceeding $100 billion.
Earlier, in May 2025, Conduit, a cross-border payment provider headquartered in Boston, successfully secured $36 million through a Series A funding round with Dragonfly and Altos Ventures as lead investors, allocating funds toward scaling its payment infrastructure and broadening its fiat and stablecoin currency support.
Conduit markets its payment infrastructure as a modern substitute for the SWIFT messaging network, the decades-old system that financial institutions have utilized to facilitate wire transfers since its introduction in the 1970s.