Stablecoin-to-Fiat Payments Startup Tazapay Raises $36M Led by Circle Ventures – Bitcoin News

Tazapay Raises $36M to Accelerate Agentic Payment Infrastructure in Emerging Markets

The extension adds CMT Digital and Coinbase Ventures as new backers. Circle Ventures, Peak XV Partners, GMO Venture Partners, and January Capital also participated. Existing investors include Ripple, Norinchukin Capital, ARC180, and RTP Global.

The fresh capital follows an initial Series B tranche in August 2025, which Peak XV Partners led with participation from Ripple, Circle Ventures, and several of the same institutions. That round’s exact size was not disclosed at the time.

Tazapay operates payment rails across 70 markets and serves more than 1,000 enterprises, fintechs, marketplaces, neobanks, and web3 companies across 30 countries. Revenue has doubled for three straight years.

The company holds payment licenses or registrations in Singapore, Canada, Australia, and the United States. It has active applications pending in the UAE, the EU, and Hong Kong.

Tazapay’s infrastructure is built to move money across high-growth corridors in Asia, Latin America, and the Middle East. It functions as a last-mile settlement layer, connecting stablecoin rails to local fiat systems and replacing legacy correspondent banking routes.

In the announcement, Chief Business Officer Kanupriya Sharda stated that enterprises and fintechs in those regions are demanding faster, cheaper cross-border payments backed by full regulatory compliance. “Tazapay’s infrastructure was built precisely for this moment,” she said.

Brian Schultz, vice president at Circle Ventures, remarked that stablecoin adoption in cross-border commerce depends on regulated infrastructure with real local-market integration. He pointed to Tazapay’s licensing footprint as an essential requirement for enterprise stablecoin-to-fiat settlement.

The company plans to use the capital to expand its licensing coverage, accelerate go-to-market efforts in Asia, Latin America, the Middle East, and the Americas, and build what it calls “agentic” payment infrastructure — rules engines and flexible rails designed for autonomous, AI-driven payment flows.

The agentic payment focus positions Tazapay at the intersection of enterprise fintech and AI-directed commerce. Developers and companies building autonomous financial workflows would rely on compliant rails to execute those flows across jurisdictions.

The investor mix carries strategic weight. Circle and Ripple act as stablecoin infrastructure companies. Coinbase Ventures and CMT Digital are crypto-native investors. The combination signals institutional appetite for regulated fiat-digital bridges, particularly in markets where legacy banking systems are slow or inaccessible.

Tazapay was founded by CEO Rahul Shinghal, CBO Kanupriya Sharda, and CPO Aayush Singhania. The Series B extension positions Tazapay to compete for enterprise payment volume in corridors where demand for compliant, real-time settlement is growing faster than existing infrastructure can support.

FAQ 🔎

• What is Tazapay? Tazapay is a Singapore-based regulated payment infrastructure company that enables real-time cross-border settlements across 70 markets using stablecoin-to-fiat rails.
• How much has Tazapay raised in its Series B? Tazapay has raised a total of $36 million across its Series B, including an extension round closed on March 26, 2026.
• Who led Tazapay’s Series B extension? Circle Ventures led the extension, with new investors CMT Digital and Coinbase Ventures joining alongside existing backers including Peak XV Partners and Ripple.
• What will Tazapay use the $36M for? The company plans to expand its global payment licenses, grow into new markets in Asia, LATAM, and the Middle East, and develop agentic payment infrastructure for AI-driven financial flows.