Circle Ventures leads Tazapay Series B extension, bringing the round to $36 million
Summary
Tazapay, a payment infrastructure provider, announced a $36 million Series B extension led by Circle Ventures, with participation from Coinbase Ventures and CMT Digital, alongside existing investors. The funding will be used to expand licensing across jurisdictions like the UAE, EU, and Hong Kong, and to accelerate go-to-market operations in Asia, Latin America, the Middle East, and the Americas. Tazapay also plans to develop agentic payment infrastructure for AI-driven payment flows. The investment reflects growing demand for stablecoin-to-fiat settlement infrastructure in cross-border payments, with Circle Ventures highlighting Tazapay’s regulated and reliable infrastructure as crucial for enterprise stablecoin adoption.
(Source:The Block)