Tazapay expands its Series B funding round and increases total capital raised to $36 million. The new funding comes as stablecoin-based payments infrastructure continues to attract support from cryptocurrency and fintech investors focused on faster cross-border payments.
summation
- Tazapay has raised $36 million to expand its cross-border payments infrastructure and licensing across multiple global markets.
- Circle Ventures led the expansion with support from Coinbase Ventures, Ripple, and CMT Digital.
- The company serves more than 1,000 enterprises and fintech companies across 30 countries through its licensed operations.
Tazapay said Circle Ventures led the expansion round. Coinbase Ventures, CMT Digital, Peak XV Partners, and Ripple also participated in the funding.
The company said the new capital would support digital payment technology for cross-border payments. We also plan to use this fund to secure licenses and expand business in Asia, Latin America, the Middle East, and the Americas.
Tazapay said it currently serves more than 1,000 businesses and fintechs across 30 countries. The company also said it already has licenses in Singapore, Canada, Australia and the United States.
He added that license applications are actively underway in the European Union, United Arab Emirates and Hong Kong. This part of the plan demonstrates the company’s focus on regulated markets while expanding its payments network.
Chief business officer Kanupriya Sharda said demand remains strong in several regions. she said,
“The demand we are seeing from businesses and fintechs across Asia, Latin America and the Middle East is clear: businesses want to move money faster and cheaper with regulatory certainty.”
Tazapay also said some of the funds would be used for infrastructure for “agent payments.” The company didn’t provide further details in the announcement, but placed that product area alongside its broader payments and licensing strategy.
Stablecoin payment company continues to attract investor support
The Tazapay round comes as more companies build stablecoin and fiat payment rails for banks, fintechs and global businesses. Investors have continued to fund platforms that promise faster transfers and lower cross-border payment costs.
Earlier this month, Ripple said Ripple Payments has expanded into an end-to-end stablecoin and fiat platform. Ripple said the service is live in more than 60 markets and has processed more than $100 billion in trading volume.
In May 2025, cross-border payments company Conduit raised $36 million in a Series A round. The company said it would use the capital to expand its payments system and expand its fiat and stablecoin offerings.
Conduit promoted its network as an alternative to SWIFT for international money movements. With Tazapay’s recent raise, it now becomes one of the companies building the next generation of cross-border payments infrastructure.