fintech / news / / Crypto News
Singapore-based Tazapay has secured new funding from Ripple and Circle Ventures.
Tazapay received Series B funding from Ripple and Circle Ventures, strengthening its fiat-to-stablecoin capabilities.
KEY POINTS
- Tazapay already processes over $10 billion annually and reports 300% year-over-year growth.
- The funding will support Tazapay's licensing expansion into the U.S., UAE, Hong Kong, and Australia.
- Tazapay plans to seek a Singaporean Digital Payment Token license to broaden its digital asset offerings.
- Operational breakeven has been achieved, enabling focused expansion into Japan with new Japanese investors.
COMPANIES
Summarized by Newsio from Crypto News. How we summarize →