Singapore’s very own cross-border payment maestro, Tazapay, just snagged a cool chunk of change from Ripple and Circle Ventures. Imagine, all those fat envelopes with zeroes have finally been compromised by a finance startup! Now, Tazapay is strutting around, acting like the bombshell bridge between your old-school bank account and the shiny, new world of stablecoins. 🎩🎈
- Ripple and Circle have kissed Tazapay’s Series B round with their investments. 💋💸
- This payment platform goes through more money every year than most people dream of, $10B+ to be exact, and is growing faster than Harry Styles’s popularity-300% YOY! 📈✨
- With this influx of cash, they’re speeding up their licensing cha-cha in places like the U.S., UAE, Hong Kong, and Australia. Next stop: world domination in finance? 🚀
On the illustrious date of Aug. 27, Tazapay dropped the juicy news that their Series B bonanza was complete, cheered on by all the finance bigwigs like Peak XV Partners, Ripple (U.S.), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Oh, and let’s not forget January Capital and ARC180-who could resist joining such a prestigious party?
Leading the suit was Peak XV Partners, once known as the cool kids, Sequoia Capital India and Southeast Asia. But how much dough we’re talking? Shh, that’s their little secret. 🤫
Bridging fiat and stablecoins
Alright, here’s where it gets juicy. Ripple and Circle-yup, those blockchain and stablecoin celebrities-are RSVP’d in. They’re jazzing up Tazapay’s gala by turning it into the link between good old cash and digital treasures. Circle, the genius behind USD Coin (USDC), and Ripple, with its XRP Ledger capers, are expected to boost Tazapay’s A-game, helping them get the fiat-to-stablecoin groove in countries that are still getting hip to the party. 🥳
Don’t be deceived by their “just another startup” demeanor; Tazapay is already toying with more than $10 billion a year and growing like a bratwurst at Oktoberfest. They offer an array of payment methods, enough to make anyone dizzy-but delightfully so. 🎡
Regulatory expansion
Remember those times you mastered Sticky Note English? Tazapay’s on a similar trajectory, but with licenses! They’ve got their foot in doors all over Singapore, Canada, and the EU, but now they’re gunning for America, UAE, Hong Kong, and Australia-complete with their new snazzy SME tokens license. 🚪🎩
With their gang of new BFFs from GMO VenturePartners and Norinchukin Capital, Tazapay, which has already stopped pining for parents’ supply checks, plans to leap into places like Japan. 😎 They started small in 2020, but with this high-profile friendship circle, they’re gonna slay the finance scene, making the banking world play nice with blockchain. 💃🕺
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2025-08-27 08:11