Circle Targets Global Payments Growth With Tazapay Acquisition
The deal adds 60+ banking and fintech partners and more than $25 billion in annualized payment volume to Circle’s payments network, the companies said.
- On Tuesday, Circle Internet Group announced a definitive agreement to acquire Singapore-based payments platform Tazapay, with the deal expected to close in 2027 subject to Monetary Authority of Singapore approval.
- Circle previously invested in Tazapay during its August 2025 Series B round, which brought total funding to $57.9 million, and the startup serves more than 60 banking and fintech partners across over 100 markets.
- Tazapay processes more than $25 billion in annualized payment volume, with approximately 60% of transactions already including stablecoins, significantly expanding Circle's reach into APAC and emerging markets.
- Integrating Tazapay increases Circle's capability to "originate and terminate payments globally, near-instant and 24/7," said Irfan Ganchi, Senior Vice President of Payments at Circle, positioning USDC as the default rail for cross-border commerce.
- Circle's NYSE-traded shares fell more than 2% in Tuesday's premarket activity, though Tazapay customers can expect no disruption to service, pricing, or support as the companies prepare for the 2027 close.
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Financial Post
Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay
Proposed acquisition will bring 60+ banking and fintech partners, 100+ payout markets into the Circle ecosystem, accelerating USDC distribution at scale NEW YORK & SINGAPORE — Circle Internet Group, Inc. (NYSE: CRCL), the global financial technology firm and issuer of USDC today announced it has signed a definitive agreement to acquire Tazapay, a Singapore-headquartered B2B […]
Circle Acquires Tazapay; Visa’s Stablecoin Lending Venture
The stablecoin-payments platform Circle Internet Group Inc. said early Tuesday it has agreed to acquire Tazapay, a business-to-business cross-border payments technology developer based in Singapore and serving financial institutions and payment-service providers. Tazapay processes more than $25 billion in payment volume annually, of which approximately 60% includes stablecoins. The parties expect the deal to close next year, though other terms w…
Circle Acquires Tazapay, a $25B Cross-Border Payments Rail
Why Is Circle Buying Tazapay? Circle has agreed to acquire Singapore-based payments platform Tazapay, adding a cross-border network with more than $25 billion in annualized payment volume as the USDC issuer pushes deeper into global payments infrastructure. The deal is expected to close in 2027 and remains subject to customary conditions and approval from the Monetary Authority of Singapore. Circle is paying $400 million in Class A common stock,…
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