Overview

• Tazapay closed an undisclosed Series B led by Peak XV Partners with participation from Ripple, Circle Ventures, Norinchukin Capital, GMO VenturePartners, and existing backers January Capital and ARC180.
• Tazapay says proceeds will speed its licensing roadmap in the United States, the United Arab Emirates, Hong Kong, and Australia.
• The company plans to apply for a Singapore license for Digital Payment Tokens and to expand into Japan, leveraging its new Japan-based investors.
• The platform reports more than $10 billion in annualized payment volume, roughly 300% year-over-year growth, and operational breakeven.
• Executives framed the investments as strengthening Tazapay’s role linking traditional fiat rails with stablecoin settlement in emerging markets, building on existing licenses in Singapore, Canada, and the EU.