tiprankstipranks
Advertisement
Advertisement

Tazapay Expands Series B Financing and Reports Multi-Year Revenue Growth

Tazapay Expands Series B Financing and Reports Multi-Year Revenue Growth

According to a recent LinkedIn post from Tazapay, the Singapore-based fintech has reached a total of $36 million in Series B funding, with the latest extension led by Circle and joined by new investors CMT Digital and Coinbase. The post indicates that existing backers Peak XV Partners, GMO, and January Capital also participated, pointing to continued investor conviction in the company’s cross-border payments strategy.

Claim 55% Off TipRanks

The company’s LinkedIn post highlights that it is building next-generation payment infrastructure for businesses operating across emerging markets, emphasizing modern digital settlement, per-transaction funding, and the absence of legacy banking constraints. The post suggests that these capabilities are aimed at improving capital efficiency and transaction reliability for enterprises and fintechs needing scalable international payment rails.

As shared in the post, Tazapay reports that revenues have doubled for three consecutive years and that more than 1,000 enterprises and fintechs across 30 countries are using its platform. For investors, this reported growth trajectory and customer footprint may signal strengthening network effects and expanding recurring revenue potential in the cross-border payments segment.

The post also notes that Tazapay is licensed and regulated in Singapore, Canada, Australia, and the United States, with license applications active in the UAE, the European Union, and Hong Kong. This regulatory footprint, if successfully expanded, could enhance the company’s competitive position against both regional and global payment providers, enabling broader market access and potentially higher transaction volumes over time.

Overall, the funding milestone and reported growth metrics in the LinkedIn post suggest that Tazapay is positioning itself as a key infrastructure provider for emerging market payments, backed by strategic investors from the digital asset and fintech ecosystem. For investors tracking private fintech valuations and the evolution of cross-border payment technologies, the post may indicate an inflection point in Tazapay’s scale and industry relevance, though financial details such as valuation and profitability are not disclosed in the post.

Disclaimer & DisclosureReport an Issue

1