Altcoins News

Story: Ripple and Circle Back Tazapay in Series B to Power Global Payment Infrastructure

By Pankaj K

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Strategic Backing From Ripple and Circle. The highlight of the Series B round is the participation of Ripple and Circle Ventures, two…

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Strong Investor Syndicate. The round was spearheaded by Peak XV Partners, an existing investor, and drew participation from…

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Accelerating Global Licensing and Expansion. According to the company’s reveal, the fresh funding will primarily be used to accelerate…

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Fiat Bridge for Stablecoins. A notable use case for Tazapay’s infrastructure is serving as a fiat bridge for stablecoins,…

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Ripple’s Perspective on Emerging Markets. Ripple’s Senior Vice President of Corporate and Business Development, Eric Jeck, praised Tazapay’s…

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Strengthening Presence in Japan. The involvement of Norinchukin Capital and GMO Venture Partners brings a strategic dimension to…

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Building the Future of Global Payments. Cross-border payments remain one of the most complex and costly areas in global commerce.

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Conclusion. Tazapay’s Series B funding round marks a significant milestone not only for the company but also…

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Tazapay, a cross-border payments infrastructure platform, has raised fresh capital in its Series B funding round with strategic participation from Ripple and Circle Ventures.

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The highlight of the Series B round is the participation of Ripple and Circle Ventures, two influential players in the digital assets and payments industry.

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Their involvement reflects a broader trend where leading blockchain and fintech firms are supporting infrastructure startups that bridge the gap between traditional finance and…

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The round was spearheaded by Peak XV Partners, an existing investor, and drew participation from Norinchukin Capital and GMO Venture Partners, two Japanese venture capital firms…

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The diverse mix of investors provides Tazapay with both financial firepower and access to regional expertise, particularly as it scales in Asia and expands into new markets.

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According to the company’s reveal, the fresh funding will primarily be used to accelerate Tazapay’s licensing roadmap across key international markets.

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Rahul Shinghal, co-founder and CEO of Tazapay, explained that the funding marks a pivotal step in achieving the company’s mission:

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