{"id":1000977,"date":"2026-09-08T06:08:02","date_gmt":"2026-09-08T10:08:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay\/"},"modified":"2026-09-08T06:08:02","modified_gmt":"2026-09-08T10:08:02","slug":"circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay\/","title":{"rendered":"Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay"},"content":{"rendered":"

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Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay<\/b><\/p>\n

Proposed acquisition will bring 60+ banking and fintech partners, 100+ payout markets into the Circle ecosystem, accelerating USDC distribution at scale<\/i><\/p>\n

NEW YORK & SINGAPORE–(BUSINESS WIRE<\/a>)–
\nCircle 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 cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260908409825\/en\/<\/a><\/p>\n

\n\u201cStablecoin settlement is becoming core infrastructure in the global economy, and combining USDC with Tazapay\u2019s world-class banking relationships, local payout rails, and institutional customer base will accelerate worldwide USDC adoption,\u201d said Jeremy Allaire, Co-Founder, CEO, and Chairman at Circle. <\/b>\u201cTazapay has been a design partner for Circle Payments Network since 2025 and we share a deep alignment. We are excited to bring the team in-house and work together towards accelerating Circle’s mission.\u201d<\/p>\n

\nThe acquisition will accelerate Circle’s mission to build the infrastructure layer for global digital finance. Tazapay brings over $25 billion of annualized payment volume, 60+ banking and fintech partners, local payout rails covering over 100 markets, adding scale to Circle\u2019s payments infrastructure1<\/sup>. Approximately 60% of Tazapay’s transaction volume already includes stablecoins2<\/sup>.<\/p>\n

\n\u201cTazapay brings deep payment infrastructure across APAC and emerging markets, where we see increasing demand for USDC-denominated transactions. This acquisition will increase Circle\u2019s capability to originate and terminate payments globally, near-instant and 24\/7, which is a meaningful step toward making USDC the default payment rail for cross-border commerce,\u201d said Irfan Ganchi, Senior Vice President of Payments at Circle.<\/b> \u201cCombined with Circle’s existing network, Tazapay extends our coverage to move money anywhere stablecoin payments are being adopted globally.\u201d<\/p>\n

\n\u201cWe built Tazapay to make payments faster, remove friction, and streamline dependency on banking rails that don\u2019t operate at the speed of global commerce. Circle has the dollar infrastructure in USDC and the regulatory standing to take what we’ve built further than we could alone. That’s what makes this the right move and what we’re focused on delivering together,\u201d said Rahul Shinghal, Co-Founder and CEO of Tazapay.<\/b><\/p>\n

\nTazapay customers can expect no disruption to their service, APIs, pricing, or support.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis communication contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d). Such forward-looking statements include statements regarding the proposed acquisition, the satisfaction of closing conditions, the anticipated timing of closing, anticipated financial performance, and our industry, business strategy, plans, goals, market position, future operations, regulatory developments and other financial and operating information. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, uncertainties as to the timing and consummation of the proposed acquisition and the ability of the parties to consummate the proposed acquisition; the satisfaction of the conditions precedent to closing, including receipt of required regulatory approvals; any litigation related to the proposed acquisition; disruption of our or Tazapay\u2019s current plans and operations as a result of the proposed acquisition; our ability or Tazapay\u2019s to retain and hire key personnel; competitive responses to the proposed acquisition; unexpected costs, charges or expenses resulting from the proposed acquisition; our ability to successfully integrate Tazapay\u2019s operations and implement its plans, forecasts and other expectations with respect to Tazapay\u2019s business; and the ability to maintain relationships with our and Tazapay\u2019s respective employees, customers, other business partners and governmental authorities. These and other important factors are discussed under the caption \u201cRisk Factors\u201d in our most recent Annual Report on Form 10-K, filed with the SEC, and in our subsequent filings with the SEC.<\/p>\n

About Circle Internet Group (Circle)<\/b><\/p>\n

\nCircle (NYSE: CRCL) is one of the world\u2019s leading internet financial platform companies, building the foundation of a more open, global economy through programmable blockchain infrastructure, digital assets, and payment applications. Circle\u2019s platform includes the world\u2019s largest stablecoin network anchored by USDC, Circle Payments Network for global money movement, and Arc, an enterprise-grade blockchain designed to become the Economic OS for the internet. Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale financial innovation.<\/p>\n\n\n\n\n
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1 <\/sup>As of July 31, 2026<\/i><\/td>\n<\/tr>\n
2 <\/sup>Stablecoin services are provided by Tazapay Canada Corp., a registered Money Services Business (MSB) under FINTRAC-CANAFE (Registration number M21439799). Tazapay stablecoin services are limited to facilitating payments and conversions (onramp\/offramp). Tazapay does not provide financial, investment, or advisory services related to Stablecoins.<\/i><\/td>\n<\/tr>\n<\/table>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260908409825\/en\/<\/a><\/span><\/p>\n

Press:
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press@circle.com<\/a><\/p>\n

KEYWORDS:<\/b> New York North America United States Asia Pacific Singapore Southeast Asia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Payments Finance Fintech Banking Professional Services Digital Cash Management\/Digital Assets Blockchain Internet Cryptocurrency<\/p>\n

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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–(BUSINESS WIRE)– 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 cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260908409825\/en\/ \u201cStablecoin … <\/p>\n

Continue reading “Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1000977","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCircle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-Based Cross-Border Payments Platform, Tazapay - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"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–(BUSINESS WIRE)– 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 cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore. This press release features multimedia. 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(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 cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore. This press release features multimedia. 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