# Tazapay

> Tazapay is a Singapore-based cross-border payment platform that lets businesses collect, hold, and pay out money in over 170 markets without setting up local entities. Founded in 2020 by three payments veterans, it combines a payment gateway, multi-currency global accounts, escrow, and same-day payouts on top of local payment rails, cards, and stablecoins - all wrapped in institutional-grade compliance. The company processes more than $10 billion in annualized payment volume, serves 1,000+ enterprises and fintechs, and has raised roughly $68 million to date, including a $36 million Series B whose extension was led by Circle Ventures.

- **Founded:** 2020
- **Headquarters:** Singapore, Singapore
- **Founders:** Rahul Shinghal (Co-founder & CEO), Saroj Mishra (Co-founder & COO), Arul Kumaravel (Co-founder & CTO)
- **Team size:** ~260 employees
- **Products:** International Payment Gateway, Global Collection Accounts, Global Payouts, Escrow & Buyer Protection, Payment Links & No-Code Tools
- **Notable:** Processes more than $10 billion in annualized payment volume with ~300% year-over-year growth, Reached operational breakeven while doubling revenue for three consecutive years, Serves 1,000+ enterprises and fintechs across ~30 countries

## Products & services

- **International Payment Gateway** — A cross-border checkout that accepts payments from 173+ markets with 80+ local payment methods and cards, so customers can pay as if they were local.
- **Global Collection Accounts** — Named multi-currency virtual accounts that let businesses collect, hold, and manage funds in 35+ currencies without opening a local entity or foreign bank account.
- **Global Payouts** — Same-day payouts to vendors, partners, and sellers in 100+ countries using local payment rails, with automatic FX conversion.
- **Escrow & Buyer Protection** — MAS-regulated escrow that holds funds until agreed conditions are met, reducing risk for both buyers and sellers in high-value cross-border deals.
- **Payment Links & No-Code Tools** — No-code payment links and plugins that let merchants collect internationally without building a custom integration.
- **Stablecoin Settlement** — Stablecoin-to-fiat settlement rails that bridge digital assets and local currency across emerging markets, developed with backing from Circle, Ripple, and Coinbase Ventures.

## Achievements

- Processes more than $10 billion in annualized payment volume with ~300% year-over-year growth
- Reached operational breakeven while doubling revenue for three consecutive years
- Serves 1,000+ enterprises and fintechs across ~30 countries
- Built local collection and payout coverage across 70-85+ markets and card acceptance in 173+ markets
- Attracted strategic investment from Ripple, Circle Ventures, and Coinbase Ventures - a rare trifecta of stablecoin backers
- Holds payment licenses/registrations in Singapore, Canada, Australia, and the US

## Latest updates

- **2026-03** — Closed Series B extension led by Circle Ventures, bringing total Series B to $36M; CMT Digital and Coinbase Ventures joined as new investors.
- **2026-03** — Announced capital will fund licensing expansion, go-to-market in Asia, LATAM, the Middle East and Americas, and development of agentic (AI-driven) payment infrastructure.
- **2025-09** — Secured strategic investments from Ripple and Circle, signaling a push into stablecoin-powered cross-border settlement.
- **2023-02** — Raised $16.9M Series A led by Sequoia Capital Southeast Asia (now Peak XV Partners).

## Links

- Website: https://tazapay.com
- LinkedIn: http://www.linkedin.com/company/tazapay
- Twitter/X: https://twitter.com/tazapay
- Facebook: https://facebook.com/Tazapay

---

Profile page: https://yespress.io/tazapay
Published by YesPress — https://yespress.io
Last updated: 2026-07-25