Cross-border payment platform Tazapay completes Series B financing, with participation from Circle Ventures and others

Tazapay successfully completed a Series B funding round involving key investors such as Peak XV Partners, Ripple, and Circle Ventures. With strong backing, the company reached operational breakeven and plans to utilize the funding for license expansion.

Operating in more than 70 markets, Tazapay has achieved impressive growth at 300% annually. The new funding will facilitate the licensing process in the UAE, US, Hong Kong, Australia, and the acquisition of a Digital Payment Token license in Singapore.