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Tazapay Secures $36 Million Series B Extension Led by Circle Ventures

The backing signals investor focus on regulated stablecoin-to-fiat payment rails that move cross-border money faster and at lower cost.

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Stablecoin to fiat payments startup tazapay raises $36m led by circle ventures
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Overview

  • Tazapay closed an extension to its Series B that brings the round to $36 million, led by Circle Ventures with Coinbase Ventures, CMT Digital, Peak XV Partners, and Ripple participating.
  • The company will use the funds to secure more licenses and enter new markets across Asia, Latin America, the Middle East, and the Americas.
  • Tazapay says its digital-native rails enable real-time, per-transaction settlement and support stablecoin-to-fiat conversion for enterprise payments.
  • The firm reports more than 1,000 enterprise and fintech customers in 30 countries, with licenses in Singapore, Canada, Australia, and the United States, and applications pending in the UAE, the EU, and Hong Kong.
  • Circle Ventures says stablecoin use in commerce depends on compliant, reliable local infrastructure, and industry reporting places this raise within a broader push to build regulated alternatives to legacy cross-border systems like SWIFT.