Tazapay raises $36 million Series B extension

Payment infrastructure provider Tazapay has successfully closed a $36 million Series B extension, led by Circle Ventures. The funding round also saw participation from new investors Coinbase Ventures and CMT Digital, alongside existing backers. Tazapay plans to utilize these funds to accelerate its licensing expansion in key markets such as the UAE, EU, and Hong Kong. Additionally, the capital will support the company's go-to-market strategies across Asia, Latin America, and the Middle East, as well as further development of its payment infrastructure.