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SINGAPORE, Aug. 27, 2025 /PRNewswire/ -- Tazapay, a leading global cross-border payments infrastructure platform, today announced the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investor Peak XV Partners led the round and 2 other existing investors January Capital and ARC180 joined the round.
Tazapay provides seamless local collection and payout capabilities in over 70 markets, supporting a growing base of global enterprises and platforms across industries. Tazapay processes more than $10 billion in annualized payment volume, has reached operational breakeven, and is growing at 300% year-over-year.
Tazapay has a differentiated and cutting-edge product offering that our clients value for its breadth and depth. The platform delivers comprehensive coverage across alternative payment methods, cards, virtual bank accounts ,payouts and stablecoins. Combined with institutional-grade security and compliance across multiple jurisdictions, and a robust fiat bridge for stablecoin settlements in emerging markets, Tazapay offers an unparalleled solution for global businesses.
The company is already licensed in Singapore, Canada, and the EU, and will use the new funding to accelerate its licensing roadmap across key global markets. Applications are underway for licenses in the UAE, US, Hong Kong, Australia, and for a Digital Payment Token (DPT) license in Singapore.
"We're entering the next chapter of our journey — one where modern payment technologies, regulatory compliance, and partnerships with global leaders will enable the future of cross-border commerce," said Rahul Shinghal, Co-founder and CEO of Tazapay. "With this round, we are not just capitalizing the business; we are investing in our long-term vision to become the builder of a global payment collection and payout infrastructure built on modern rails. One of the key use cases this infrastructure serves is being the Fiat bridge for stablecoins in emerging markets."
The investments from Ripple and Circle, two of the world's most prominent players in blockchain-based and stablecoin-powered payments infrastructure, reinforce Tazapay's role in connecting traditional finance with the evolving world of digital currencies. Tazapay today has one of the widest Fiat collections network in emerging markets and these partnerships help it supercharge the network.
The future of global payments depends on the seamless convergence of traditional and digital finance. Tazapay is a clear leader in building these essential, compliant last-mile connections, especially in emerging markets," said Eric Jeck, SVP Corporate and Business Development at Ripple. "We're proud to invest in Tazapay in this next phase of their growth, and together provide best-in-class payment solutions in key regions such as APAC.
The investments from GMO VenturePartners and Norinchukin Capital will accelerate Tazapay's expansion into Japan. Leveraging these partnerships, Tazapay will enable local Japanese payment methods for its global customer base and establish a dedicated sales team in Japan to help Japanese enterprises scale internationally.
Tazapay's infrastructure supports high-trust, regulated cross-border payment solutions for B2B marketplaces, platforms, and fintechs. The company plans to further invest in modern payment rails such as real-time payments (RTP), ACH, and stablecoins, delivering a future-ready payment experience for global businesses.
With strong institutional backing, deep fintech expertise, and a clear regulatory path, Tazapay is set to lead the transformation of cross-border payments — bridging the gap between traditional banking and the next era of compliant, borderless digital finance.
Photo - https://mma.prnasia.com/media2/2758684/Tazapay.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2737510/Tazapay_Logo.jpg?p=medium600
SINGAPORE, Aug. 27, 2025 /PRNewswire/ -- Tazapay, a leading global cross-border payments infrastructure platform, today announced the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investor Peak XV Partners led the round and 2 other existing investors January Capital and ARC180 joined the round.
Tazapay provides seamless local collection and payout capabilities in over 70 markets, supporting a growing base of global enterprises and platforms across industries. Tazapay processes more than $10 billion in annualized payment volume, has reached operational breakeven, and is growing at 300% year-over-year.
Tazapay has a differentiated and cutting-edge product offering that our clients value for its breadth and depth. The platform delivers comprehensive coverage across alternative payment methods, cards, virtual bank accounts ,payouts and stablecoins. Combined with institutional-grade security and compliance across multiple jurisdictions, and a robust fiat bridge for stablecoin settlements in emerging markets, Tazapay offers an unparalleled solution for global businesses.
The company is already licensed in Singapore, Canada, and the EU, and will use the new funding to accelerate its licensing roadmap across key global markets. Applications are underway for licenses in the UAE, US, Hong Kong, Australia, and for a Digital Payment Token (DPT) license in Singapore.
"We're entering the next chapter of our journey — one where modern payment technologies, regulatory compliance, and partnerships with global leaders will enable the future of cross-border commerce," said Rahul Shinghal, Co-founder and CEO of Tazapay. "With this round, we are not just capitalizing the business; we are investing in our long-term vision to become the builder of a global payment collection and payout infrastructure built on modern rails. One of the key use cases this infrastructure serves is being the Fiat bridge for stablecoins in emerging markets."
The investments from Ripple and Circle, two of the world's most prominent players in blockchain-based and stablecoin-powered payments infrastructure, reinforce Tazapay's role in connecting traditional finance with the evolving world of digital currencies. Tazapay today has one of the widest Fiat collections network in emerging markets and these partnerships help it supercharge the network.
The future of global payments depends on the seamless convergence of traditional and digital finance. Tazapay is a clear leader in building these essential, compliant last-mile connections, especially in emerging markets," said Eric Jeck, SVP Corporate and Business Development at Ripple. "We're proud to invest in Tazapay in this next phase of their growth, and together provide best-in-class payment solutions in key regions such as APAC.
The investments from GMO VenturePartners and Norinchukin Capital will accelerate Tazapay's expansion into Japan. Leveraging these partnerships, Tazapay will enable local Japanese payment methods for its global customer base and establish a dedicated sales team in Japan to help Japanese enterprises scale internationally.
Tazapay's infrastructure supports high-trust, regulated cross-border payment solutions for B2B marketplaces, platforms, and fintechs. The company plans to further invest in modern payment rails such as real-time payments (RTP), ACH, and stablecoins, delivering a future-ready payment experience for global businesses.
With strong institutional backing, deep fintech expertise, and a clear regulatory path, Tazapay is set to lead the transformation of cross-border payments — bridging the gap between traditional banking and the next era of compliant, borderless digital finance.
Photo - https://mma.prnasia.com/media2/2758684/Tazapay.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2737510/Tazapay_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Tazapay Lands Strategic Investments from Ripple and Circle, Signaling a New Era for Cross-Border Payments
Over 15,000 visitors to the INCHEON–IFEZ Booth; IFEZ supported a record 50 innovation companies participating in CES 2026.
Participating companies secure a foundation for global expansion, including 20 MoU signings.
INCHEON, South Korea, Jan. 16, 2026 /PRNewswire/ -- The Incheon Free Economic Zone (IFEZ) announced the successful operation of the INCHEON–IFEZ Booth at CES 2026, presenting IFEZ's future-city vision and the technologies of Incheon-based innovators to a global audience.
Under the theme "Destination Incheon — From Smart City to AI City," the booth highlighted a sustainable urban future enabled by Incheon companies' innovations and drew more than 15,000 visitors, according to IFEZ.
During CES 2026, IFEZ also met with the Fairfax County Economic Development Authority (FCEDA) to discuss support measures and collaboration models for helping Incheon startups enter the U.S. market. The two sides plan to develop practical joint programs through continued cooperation.
IFEZ supported a record 50 companies at CES 2026 across multiple participation tracks, dividing them across various exhibition areas: 10 companies in the 'INCHEON-IFEZ' Booth at the Las Vegas Convention Center, 10 in the Korea pavilion (KOTRA) at the Eureka Park, 6 in the Global Pavilion, and 15 as the Incheon Startup Park Delegation and 10 Innovation Award showcase participants.
These companies achieved record-breaking results, conducting 1,419 business consultations with overseas buyers and investors, with the estimated value of export consultations reaching $560 million—more than 400 additional meetings compared to last year. In addition, nine companies signed 20 MOUs, building momentum for global expansion and investment opportunities.
Leadpoint System, a smart manufacturing and industrial automation solutions provider, signed an MOU with Webtronic Labs, a U.S.-based technology R&D company.
emCT, which specializes in fire detection and safety management solutions, signed an MOU with Texas Legacy Realty, a Texas-based real estate development and operations company, to pursue collaboration on applying fire safety and "safe zone" solutions in commercial and residential buildings.
Medicell Healthcare, a regenerative medicine and bio-healthcare solutions company, signed an MOU with the City of Phoenix, Arizona's largest city, and discussed cooperation on technology collaboration and local proof-of-concept initiatives in public healthcare.
IFEZ said 14 supported companies earned 17 CES Innovation Awards, the highest total to date for Incheon, drawing strong interest from global buyers and investors. Deep Fusion AI received a Best of Innovation honor for its radar-based sensor-fusion AI technology, gaining attention in next-generation autonomous driving and robotic perception.
Mayor Yoo Jeong-bok said the CES participation advanced the Incheon–IFEZ AI City vision on the global stage and pledged continued support to expand Incheon companies' international reach and strengthen Incheon as a global business hub.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
INCHEON-IFEZ Booth Wraps Up a Successful CES 2026, Recording $560M in Export Consultations and 17 Innovation Awards
