Tazapay Completes Series B, Partners with Ripple and Circle

Tazapay, the Singapore-based cross-border payments platform, has completed its Series B financing round, led by Peak XV Partners, with participation from Ripple and Circle Ventures. The announcement was made officially by the company on August 27, 2025.

Expanding Global Reach

Tazapay aims to enhance its global licensing and expand stablecoin settlements. The funding will further their initiative to bridge fiat and digital currencies, enhancing payment solutions across emerging and developed markets. With this investment, Tazapay plans to apply for licenses across the UAE, US, Hong Kong, Australia, and Singapore. The platform processes over $10 billion yearly, reflecting its robust growth and operational breakeven status.

Strategic Partnerships and Plans

By partnering with Ripple and Circle, Tazapay looks to leverage stablecoin interoperability for faster and more secure transactions, particularly in underbanked regions. This alignment could enhance digital commerce through efficient fiat-to-stablecoin systems.

These partnerships could significantly influence global payment systems’ dynamics, potentially setting precedence for further stablecoin adoption. As history suggests, such integrations may drive stablecoin utility in traditional financial contexts.

Rahul Shinghal, Co-founder & CEO of Tazapay, expressed, “We’re entering the next chapter of our journey, one where modern payment technologies, regulatory compliance, and partnerships with global leaders will enable the future of cross-border commerce.” – Tazapay Official Release.

This strategic funding highlights potential advancements in cross-border remuneration involving blockchain technology. With Ripple and Circle’s backing, Tazapay is well-positioned to redefine payment landscapes amidst regulatory and technological progressions.