Tazapay Bridges Traditional and Digital Finance with New $B Bet

Tazapay, a Singapore-based cross-border payments infrastructure platform, has secured a Series B funding round led by existing investor Peak XV Partners and supported by Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan) [1]. Existing investors January Capital and ARC180 also participated in the round [2]. Although the exact amount of the investment has not been disclosed, the funding is intended to accelerate Tazapay’s global expansion, licensing, and infrastructure development [3].

The platform currently processes more than $10 billion in annualized payment volume across 70 markets and has experienced 300% year-over-year growth [1]. Tazapay supports a range of payment methods, including alternative payment instruments, cards, virtual bank accounts, payouts, and stablecoin settlements, positioning itself as a key enabler of cross-border transactions for global enterprises, B2B marketplaces, and fintechs [2]. The company has achieved operational breakeven and has grown its revenue to $6.24 million in FY24, a 223.8% increase from the previous year [3].

With licenses already in place in Singapore, Canada, and the European Union, Tazapay is actively pursuing new regulatory approvals in the UAE, the U.S., China Hong Kong, Australia, and for a Digital Payment Token (DPT) license in Singapore [2]. The company has also outlined plans to expand into Japan, leveraging partnerships with GMO VenturePartners and Norinchukin Capital to facilitate local payment method integration for its global customer base [1]. These strategic partnerships are expected to accelerate Tazapay’s growth in the Asia-Pacific region, a key market for cross-border commerce [5].

The investments from Ripple and Circle, two of the most prominent players in blockchain-based and stablecoin-powered payments infrastructure, reinforce Tazapay’s role as a bridge between traditional finance and the digital asset ecosystem. Ripple’s SVP of Corporate and Business Development, Eric Jeck, emphasized the company’s commitment to supporting Tazapay’s mission of building compliant, last-mile payment solutions in emerging markets [2]. Similarly, Circle’s involvement underscores the growing importance of stablecoins in facilitating efficient, cost-effective cross-border transactions [5].

Tazapay plans to further invest in modern payment rails, including real-time payments (RTP) and ACH systems, to deliver a future-ready payment experience for global businesses [2]. This strategic direction aligns with the broader trend of financial institutions and fintechs integrating blockchain and stablecoin technologies to enhance liquidity and reduce settlement times [6]. The company’s focus on operational scalability and regulatory compliance positions it as a strong contender in the evolving cross-border payments landscape.

Tazapay’s growth trajectory has been marked by a series of strategic milestones, including a $16.9 million Series A round in 2023 led by Peak XV Partners [3]. The recent Series B investment follows a period of significant operational expansion, with Tazapay now targeting key regulatory markets in the U.S. and Asia. As the global payments ecosystem continues to evolve, the company’s strategic alliances and technology roadmap suggest a strong foundation for long-term success in bridging traditional finance with the next generation of digital payment infrastructure [1].

Source:

[1] Tazapay Lands Strategic Investments From Ripple And ... (https://www.barchart.com/story/news/34407796/tazapay-lands-strategic-investments-from-ripple-and-circle-signaling-a-new-era-for-cross-border-payments)

[2] Tazapay Lands Strategic Investments from Ripple and ... (https://www.prnewswire.com/news-releases/tazapay-lands-strategic-investments-from-ripple-and-circle-signaling-a-new-era-for-cross-border-payments-302539389.html)

[3] SG payments startup Tazapay secures Series B funding ... (https://www.dealstreetasia.com/stories/tazapay-series-b-funding-454255)

[4] Cross-border payment platform Tazapay completes Series ... (https://www.panewslab.com/en/articles/b2721ab8-2a58-4b2b-afa7-15faf307d969)

[5] Ripple, Circle back Tazapay to expand cross-border ... (https://crypto.news/ripple-circle-tazapay-cross-border-payments-2025/)

[6] Tazapay Funding: A Powerful Boost from Ripple and Circle ... (https://www.mexc.com/news/tazapay-funding-a-powerful-boost-from-ripple-and-circle-for-global-payments/75332)

[7] Tazapay Transforms Cross-Border Payments Landscape (https://www.onesafe.io/blog/tazapay-funding-cross-border-payments-japan)