Tazapay's founding team marks the close of its Series B extension. Left to right: Aayush Singhania (CPO), Kanupriya Sharda (CBO), and Rahul Shinghal (CEO).
US-based crypto platform Circle Internet Group has signed a definitive agreement to acquire Peak XV Partners-backed B2B payments startup Tazapay. 1 The strategic acquisition brings together Circle’s established digital currency infrastructure with Tazapay’s cross-border payments network to bolster global transaction capabilities for enterprise clients worldwide.
Tazapay has established itself as a key player in the cross-border B2B payments space, backed by prominent investors including Peak XV Partners.1 The platform simplifies international commerce by offering robust payment solutions designed to handle multi-currency transactions and local compliance requirements for businesses operating across borders.
The acquisition addresses the ongoing friction in global B2B payments, where traditional banking rails often lead to high costs and delayed settlement times. By integrating Tazapay’s compliance and payout infrastructure, Circle aims to bridge traditional financial systems with modern blockchain-based payment rails.
The fresh integration enables Circle to accelerate its international expansion and deepen its penetration into high-growth trade corridors. The combination of both platforms provides enterprises with faster, more transparent cross-border settlement options.
Industry observers note that the acquisition highlights a growing trend of major crypto and stablecoin issuers acquiring localized compliance and payment networks to drive mainstream enterprise adoption of digital assets.
