Cross-Border Payments Firm Tazapay Secures $36 Million Series B Extension Led by Circle Ventures

Singapore-based cross-border payments company Tazapay has recently closed a $36 million Series B extension funding round. The round was led by Circle Ventures, with active participation from investors including CMT Digital and Coinbase Ventures. Existing investors such as Peak XV Partners, January Capital, and GMO Venture Partners also continued their investment in this round. The funds raised will primarily be used to obtain further regulatory licenses and develop automated payment process products, aiming to enhance the company's operational capabilities and market competitiveness. (Source: Tech in Asia)