Circle Leads $36M Series B Extension for Tazapay

• Tazapay has successfully closed a Series B extension led by Circle Ventures, bringing its total funding to $36 million.
• The investment round saw participation from industry leaders including Coinbase Ventures, Ripple, CMT Digital, and Peak XV Partners.
• Funds will be utilized to expand the company's regulatory footprint and develop advanced agentic payments infrastructure across global markets.

Global Expansion and Regulatory Progress

Tazapay, a specialized provider of cross-border payment infrastructure, plans to use the fresh capital to broaden its reach across Asia, Latin America, the Middle East, and the Americas. The company currently supports over 1,000 enterprises and fintech firms in 30 countries, facilitating digital settlement technology for international transactions.

To support its growth, the firm is aggressively pursuing additional licensing. It already holds authorizations in Singapore, Canada, Australia, and the United States. Current applications are also in progress for the European Union, Hong Kong, and the United Arab Emirates. According to Kanupriya Sharda, the Chief Business Officer at Tazapay, there is a clear demand from businesses for payment solutions that are faster, more cost-effective, and fully compliant with regulations.

Advancing the Stablecoin Payment Ecosystem

The latest funding highlight's a growing trend in the financial sector where established crypto and fintech companies are deepening their involvement in stablecoin-based payment rails. Tazapay is specifically focusing on building out infrastructure for agentic payments, a move that aligns with broader shifts in the industry toward automated and decentralized financial interactions.

This development mirrors recent moves by other major players in the space:

• Ripple recently updated its platform into an end-to-end stablecoin and fiat system, processing over $100 billion in volume across more than 60 markets.
• In May 2025, the cross-border firm Conduit secured $36 million in its own Series A round to scale a payment system designed to rival the decades-old SWIFT network.

While Tazapay did not disclose its specific valuation following this extension, the involvement of major venture arms from Circle and Coinbase underscores the increasing institutional confidence in blockchain-powered settlement technologies.