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Tazapay successfully closed its Series B funding round, raising investments from Ripple, Circle Ventures, and others to accelerate its global licensing roadmap.

Aug 27, 20254 months ago

Round Type

series b

SingaporeFinancial ServicesPaymentsFintech

Investors

Arc180January CapitalGmo Venture PartnersNorinchukin CapitalCircle VenturesRipplePeak Xv Partners

Description

Tazapay announced the successful close of its Series B funding round with investment from Peak XV Partners, Ripple, Circle Ventures, Norinchukin Capital, and GMO VenturePartners. Existing investor Peak XV Partners led the round, with additional participation from January Capital and ARC180. The new funding will help accelerate Tazapay’s licensing roadmap across key global markets. Tazapay has reached operational breakeven and is currently growing at 300% year-over-year.

Company Information

Company

Tazapay

Location

9 Temasek Blvd

Singapore, Southeast Asia, Singapore

About

Tazapay is a Singapore-based fintech company, designed to redefine the cross-border payment experience. Since its inception in 2021 by industry veterans, Tazapay has raised a successful $16.9 million Series A funding round, with significant investment from prestigious institutions such as Sequoia and the PayPal Alumni Fund.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers