Tazapay Bridges Traditional and Digital Finance with Ripple and Circle Backing

Tazapay, a Singapore-based cross-border payments platform, has secured strategic investments from Ripple (US) and Circle Ventures as part of its Series B funding round. The funding, led by Peak XV Partners with participation from existing investors January Capital and ARC180, also included backing from Norinchukin Capital and GMO VenturePartners from Japan. While the total amount raised was not disclosed, the infusion of capital is expected to accelerate the firm’s global licensing roadmap and expansion into key markets such as the United States, the UAE, China Hong Kong, and Japan [1][2][3][4].

Tazapay currently processes more than $10 billion in annualized payment volume and has achieved a 300% year-over-year growth rate. The company provides cross-border payment solutions across over 70 markets, offering services that include local collection and payout capabilities, alternative payment methods, virtual bank accounts, and stablecoin settlements. Its platform is designed to bridge traditional fiat systems with digital currency infrastructure, particularly in emerging markets where the convergence of these systems is critical for efficient financial transactions [1][2][3].

The investment from Ripple and Circle is a strategic move that positions Tazapay at the intersection of traditional finance and blockchain-based payments. Ripple, known for its XRP Ledger and cross-border solutions, and Circle, the issuer of USD Coin (USDC), will support Tazapay in enhancing its fiat-to-stablecoin settlement capabilities. The firm already has a broad coverage of payment methods and compliance across multiple jurisdictions, making it well-suited to act as a bridge for emerging markets. Eric Jeck of Ripple emphasized the importance of such integration, calling Tazapay a leader in developing compliant last-mile connections [1][3].

Tazapay’s expansion strategy includes applying for regulatory licenses in the U.S., UAE, China Hong Kong, Australia, and Singapore for a Digital Payment Token license. The firm is already licensed in Singapore, Canada, and the EU and plans to leverage its partnerships with Japanese investors to establish a stronger presence in Japan. These licensing efforts are intended to support the company’s broader mission of providing high-trust, regulated cross-border solutions for businesses, platforms, and fintechs [1][3][4].

The firm also plans to invest in modern payment technologies such as real-time payments (RTP) and ACH, aiming to deliver a future-ready payment experience for global enterprises. With strong backing from prominent investors and a clear regulatory strategy, Tazapay is positioned to lead the transformation of cross-border payments, bridging traditional banking with the next era of compliant, borderless digital finance [1][3].

The involvement of Ripple and Circle underscores the growing interest in cross-border payment infrastructure that combines traditional and digital finance. As stablecoins and blockchain-based solutions become increasingly integral to global commerce, firms like Tazapay are emerging as key players in facilitating seamless and compliant financial transactions across borders [3].

Source:

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

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

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

[4] Tazapay nabs fresh funding from Series B round (https://asianbankingandfinance.net/news/tazapay-nabs-fresh-funding-series-b-round)