Gate News reports that on March 26, Singapore-based cross-border payments company Tazapay completed a Series B extension financing, bringing the total Series B funding to $36 million, led by Circle Ventures. New investors include CMT Digital and a certain crypto investment firm, joining existing investors Circle Ventures, Peak XV Partners, January Capital, and GMO Venture Partners in this extension round. Current investors also include Ripple, Norinchukin Capital, ARC180, and RTP Global. Tazapay is dedicated to building cross-border transaction settlement payment infrastructure. It currently holds licenses or has completed registration in Singapore, Canada, Australia, and the United States, and is applying for licenses in the UAE, EU, and Hong Kong. The company states that the funds will be used to obtain more regulatory licenses and develop automated payment process products.
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