Tazapay Secures Series B Funding to Power the Future of Cross-Border Payments
by Singapore, Aug. 27, 2025 – Tazapay, a leading global cross-border payments infrastructure platform, has successfully closed its Series B funding round, drawing investment from an impressive list of global backers including Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investors January Capital and ARC180 also joined the round, with Peak XV Partners once again leading.
Scaling Global Payments at Record Speed
Tazapay has quickly emerged as a trusted partner for global enterprises and platforms, enabling seamless local collections and payouts in over 70 markets. The company now processes more than $10 billion in annualized payment volume, has achieved operational breakeven, and is growing at an impressive 300% year-on-year.
Its differentiated product offering includes alternative payment methods, card acceptance, virtual bank accounts, payouts, and stablecoin capabilities—all underpinned by institutional-grade security and compliance across multiple jurisdictions. By providing a robust fiat bridge for stablecoin settlements in emerging markets, Tazapay is carving a unique position at the intersection of traditional and digital finance.
Fueling Global Expansion with New Funding
The fresh capital will accelerate Tazapay’s licensing roadmap across major financial hubs. The company is already licensed in Singapore, Canada, and the EU, and is actively pursuing licenses in the UAE, US, Hong Kong, Australia, as well as a Digital Payment Token (DPT) license in Singapore.
“We’re entering the next chapter of our journey — one where modern payment technologies, regulatory compliance, and partnerships with global leaders enable the future of cross-border commerce,” said Rahul Shinghal, Co-founder and CEO of Tazapay. “This round isn’t just about capitalizing the business, but fueling our long-term vision to become the global payments infrastructure for collections and payouts on modern rails.”
Strategic Partnerships with Industry Leaders
The participation of Ripple and Circle—two of the most recognized names in blockchain and stablecoin-powered payments—underscores Tazapay’s growing importance in bridging traditional finance and digital assets.
“The future of global payments depends on the seamless convergence of traditional and digital finance. Tazapay is a clear leader in building these compliant, last-mile connections, especially in emerging markets,” said Eric Jeck, SVP Corporate & Business Development at Ripple.
Meanwhile, new investors GMO VenturePartners and Norinchukin Capital will play a pivotal role in Tazapay’s expansion into Japan. The company plans to enable local Japanese payment methods for its global clients and build a dedicated sales team to support Japanese enterprises in scaling internationally.
Looking Ahead
Tazapay’s infrastructure is designed for B2B marketplaces, platforms, and fintechs, offering high-trust, regulated cross-border solutions. With plans to further invest in real-time payments (RTP), ACH, and stablecoin innovations, Tazapay is shaping the future of borderless, compliant payments.
Armed with strong institutional backing, deep fintech expertise, and a clear regulatory roadmap, Tazapay is well-positioned to lead the transformation of cross-border commerce—connecting traditional banking with the next era of digital finance.
