Tazapay has reached an exciting new chapter in its journey to reshape global payments. The company has successfully closed its Series B funding round, with support from some of the most influential names in finance and fintech including Peak XV Partners, Ripple, Circle Ventures, Norinchukin Capital, and GMO VenturePartners.
This investment is more than just capital; it’s a strong vote of confidence in Tazapay’s mission to make cross-border payments simpler, faster, and more accessible. Already, Tazapay powers seamless local collections and payouts in more than 70 markets, processing over $10 billion in annualized payment volume while growing at a remarkable 300% year-on-year. Having already reached operational breakeven, the company is now focused on scaling its presence globally.
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What sets Tazapay apart is the flexibility and reach of its infrastructure. From cards and virtual bank accounts to alternative payment methods and stablecoin settlements, the platform gives businesses the ability to move money in the ways that make sense for them. With its strong compliance across multiple jurisdictions and a secure fiat bridge for stablecoins, Tazapay has become a trusted partner for enterprises looking to expand internationally.
This fresh round of funding will accelerate the company’s licensing roadmap and fuel its entry into new markets such as the UAE, US, Hong Kong, and Australia. Tazapay is already licensed in Singapore, Canada, and the EU, and has applied for a Digital Payment Token license in Singapore, further underlining its commitment to operating within strong regulatory frameworks.
For Co-founder and CEO Rahul Shinghal, the raise represents more than financial growth: “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. With this round, we are not just capitalizing the business; we are investing in our long-term vision of building a global payments infrastructure on modern rails.”
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The participation of Ripple and Circle — leaders in blockchain and stablecoin-powered payments — signals Tazapay’s growing role in bridging traditional finance and digital currencies. Their backing will also strengthen the company’s already extensive fiat collections network in emerging markets. Eric Jeck, SVP of Corporate and Business Development at Ripple, summed it up well: “The future of global payments depends on the seamless convergence of traditional and digital finance. Tazapay is a clear leader in building these essential, compliant last-mile connections, especially in emerging markets.”
Meanwhile, support from GMO VenturePartners and Norinchukin Capital will help Tazapay expand into Japan, where it plans to integrate local payment methods and build a dedicated sales team to assist Japanese enterprises going global.
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Looking forward, Tazapay is doubling down on strengthening its infrastructure with modern rails like real-time payments, ACH, and stablecoin-powered settlements. The goal is simple but ambitious: to create a trusted, borderless payments experience for businesses everywhere.
With strong backing from global investors, deep fintech expertise, and a clear regulatory path, Tazapay is well on its way to transforming how the world does cross-border payments — and making global commerce as seamless as it should be.
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