Cross-border payment company Tazapay has completed a $36 million Series B financing, led by Circle Ventures

The cross-border payment company Tazapay, headquartered in Singapore, has completed a Series B extension financing round led by Circle Ventures, bringing the total amount raised in Series B to $36 million.

New investors include CMT Digital and Coinbase Ventures, joining Circle Ventures, Peak XV Partners, January Capital, and GMO Venture Partners in this extension round, while existing investors include Ripple, Norinchukin Capital, ARC180, and RTP Global.

Tazapay is committed to building cross-border transaction settlement payment infrastructure for businesses and currently holds licenses or has completed registrations in Singapore, Canada, Australia, and the United States, and is applying for relevant licenses in the UAE, the EU, and Hong Kong. The company stated that the funds from this round will be used to obtain more regulatory licenses and develop automated payment process products.