Circle Buys Tazapay in $400M All-Stock Deal
- 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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NEW YORK and SINGAPOUR--(BUSINS WIRE)--Sept. 9, 2026-
Circle agrees to buy cross-border payments firm Tazapay for $400 million
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 […]
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