Hogan Lovells advises Tazapay on its Series B financing round

The round was led by Peak XV Partners, with participation from new strategic investors including Circle Ventures (US), Ripple (US), GMO VenturePartners (Japan), and Norinchukin Capital (Japan). Existing investors RTP Global, Arc180, and January Capital also participated.

Tazapay provides seamless local collection and payout capabilities in over 70 markets, processing more than US$10 billion in annualised payment volume and growing 300% year-on-year. The company has reached operational breakeven and will use the proceeds from this round to accelerate its global licensing roadmap, expand into Japan, and strengthen its role as a fiat bridge for stablecoins in emerging markets.

The Hogan Lovells team was led by Siew Kam Boon (partner), with support from Mun Shuen Goh (senior associate) and Ashleigh Gan (associate).