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Singapore-Based Fintech Tazapay Raises Us$16.9 Million In Series A Fundraising Round, Led By Sequoia Capital Southeast Asia

Feb 09, 2023

Amount Raised

$16.9 Million

Round Type

Series A

SingaporeFinancial ServicesPaymentsFintech

Investors

Peak XV PartnersSaison CapitalRTP GlobalJanuary CapitalFoundamentalGokul RajaramPay Pal Alumni FundEscape Velocity

Description

Tazapay, a leading fintech company specialising in cross-border payments, announced today that it has raised USD 16.9 million in its Series A funding round. Sequoia Capital Southeast Asia led the round, with EscapeVelocity (escp.vc), PayPal Alumni Fund as well as renowned angel investor Gokul Rajaram joining as new investors. Existing investors Foundamental, January Capital, RTP Global and Saison Capital also participated in this round.

Quick answer

Tazapay raised $16.9 Million in a Series A round, dated February 9, 2023. Investors: Peak XV Partners, Saison Capital, RTP Global, January Capital, Foundamental, Gokul Rajaram, Pay Pal Alumni Fund and Escape Velocity. Tazapay is based in Singapore, Southeast Asia, Singapore.

How much did Tazapay raise?
Tazapay raised $16.9 Million in a Series A round on February 9, 2023.
Who invested in Tazapay?
Peak XV Partners, Saison Capital, RTP Global, January Capital, Foundamental, Gokul Rajaram, Pay Pal Alumni Fund and Escape Velocity are named as investors in this round.
What does Tazapay do?
Tazapay is a secure digital payment platform for businesses engaging in cross-border transactions.
Where is Tazapay based and how big is it?
Tazapay is based in Singapore, Southeast Asia, Singapore. Fundz records about 200 employees.
Who are the decision-makers at Tazapay?
Fundz holds 2 contacts at Tazapay, including the Head of Growth & Partnerships, MEA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Tazapay that raised within 45 days of this round, from Fundz verified event records.

  • Streamex Corp. raised $1.5M (Seed) on March 24, 2023.
  • Parallel Markets raised $8.6M on March 24, 2023.
  • Sirona raised an undisclosed amount (Funding Round) on March 23, 2023.
  • ID Finance raised $32M (Funding Round) on March 22, 2023.
  • Roundtable raised $3.2M (Seed) on March 21, 2023.
  • two raised $19M (Series A) on March 21, 2023.

Who to call at Tazapay, and when

A new round usually means Tazapay is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tazapay

Location

9 Temasek Blvd

Singapore, Southeast Asia, Singapore

About

Tazapay is a secure digital payment platform for businesses engaging in cross-border transactions. It provides a full-stack payment solution including cards and local payment methods globally with buyer and seller protection. In just two years, the firm has built a global network of over 170 markets for its card coverage and 85 markets for its local payments collection coverage and processes hundreds of millions annually. Founded in 2020 by former executives from companies including Stripe, PayPal, Grab and Standard Chartered, Tazapay has raised over USD 18.9 million in funding. For more information about Tazapay, please visit https://tazapay.com/

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Related People

2 contacts
Verified contactsMark A., Head of Growth & Partnerships, MEA hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Tazapay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.