Circle Signs Agreement to Acquire Cross-Border Payments Firm Tazapay
Circle has signed an agreement to acquire Tazapay, a cross-border payments company serving businesses across 100+ markets. Tazapay brings a payments-native team, 60+ banking and fintech partners, and meaningful stablecoin payment volume, with more than 60% of its volume in stablecoin settlements. The acquisition would add Tazapay's B2B payment rails to Circle's stablecoin ecosystem, deepening its push into cross-border settlement.
Tazapay says it will keep the same product, support, and team, now with more infrastructure behind it. Circle framed the move as part of its commitment to faster, cheaper, and more accessible global money movement. Financial terms were not disclosed.
Sources
- RT @KashRazzaghi: Very excited about this. Circle is committed to faster, cheaper, more accessible global money movement. The acquisition o…x.com ↗
- RT @jerallaire: Circle has signed an agreement to acquire @Tazapay. 60+ banking and fintech partners. 100+ payment markets. 60%+ stablecoin…x.com ↗
- RT @tazapay: @circle has signed an agreement to acquire Tazapay. Same product, same support, same team — with more infrastructure behind u…x.com ↗
- Circle has signed an agreement to acquire @tazapay, a cross-border payments company supporting businesses across 100+ markets. Tazapay brings a payments-native team, 60+ banking and fintech partners, and meaningful stablecoin payment volume, with more than 60% of its volumex.com ↗
Circle
