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Apr 22, 2026
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Startups
Asia
NewDecoded
3 min read

Image by Tazapay
Tazapay, a Singapore-based provider of cross-border payment infrastructure, has successfully closed its Series B extension led by Circle Ventures. This latest round brings the company's total Series B funding to 36 million dollars. New investors CMT Digital and Coinbase Ventures joined the round alongside existing backers like Peak XV Partners and Ripple. The capital injection is set to accelerate the company's expansion across high-growth corridors in Asia, Latin America, and the Middle East. Tazapay focuses on providing regulated last-mile infrastructure that replaces aging legacy banking systems with faster digital-native settlement technology. This approach allows businesses to move capital more efficiently while maintaining strict regulatory compliance.
At its core, the platform operates as a bridge between modern digital assets and traditional fiat currencies. By leveraging stablecoin-to-fiat rails, Tazapay enables real-time settlement for over 1,000 enterprises and fintechs globally. The company has demonstrated significant momentum, doubling its revenue for three consecutive years and reaching an annualized payment volume of 10 billion dollars. Brian Schultz, Vice President at Circle Ventures, noted that stablecoin adoption in cross-border commerce depends on regulated and operationally reliable infrastructure. He emphasized that Tazapay’s licensing footprint addresses an essential requirement for enterprise-level settlement. The company currently holds licenses and registrations in Singapore, Canada, Australia, and the United States.
Looking ahead, Tazapay aims to use the proceeds to deepen its regulatory footprint with active license applications in the UAE, the European Union, and Hong Kong. A portion of the funding will also support the development of agentic payment infrastructure. This flexible framework is designed to power autonomous, AI-driven payment flows for the next generation of global commerce.
The success of Tazapay’s funding round highlights a massive shift in how global trade is being rewired for the digital age. By securing backing from major crypto-native entities like Circle, Coinbase, and Ripple, Tazapay is positioning itself as the primary gateway for stablecoins to enter the real-world economy. This signifies that stablecoins are moving past their reputation as speculative assets and are becoming the standard plumbing for international business. As traditional correspondent banking becomes increasingly slow and expensive, the industry is gravitating toward these regulated last-mile bridges that connect blockchain efficiency with local banking systems.
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