Tech Company Financing Transactions
Tazapay Funding Round
On 2/9/2023, Tazapay secured $16.9 million in Series A financing from Sequoia Capital, Escape Velocity and Foundamental Capital.
Transaction Overview
Company Name
Announced On
2/9/2023
Transaction Type
Venture Equity
Amount
$16,900,000
Round
Series A
Investors
Sequoia Capital (Lead Investor)
private investors (Gokul Rajaram)
Proceeds Purpose
Tazapay plans to use the funds to further scale its business across Asia and expand in other regions where the company is receiving strong demand for its services, such as the Middle East and Europe. This includes the application of payment licenses in major markets that will broaden Tazapay's payment network globally. The company will also be beefing up its core capabilities and adding more local payment methods to better serve the growing list of verticals that includes cross-border e-commerce, education technology (EdTech), Software-as-a-Service (SaaS), and travel.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
7 Temasek Boulevard, #32-01 Suntec Tower 1,
Singapore, 038987
SG
Singapore, 038987
SG
Phone
Undisclosed
Website
Email Address
Overview
We are Tazapay, a Singapore-based fintech startup enabling companies to seamlessly do cross-border payments. We provide checkout, payment link, and escrow solutions to simplify international transactions and help reduce the risk for both buyers and sellers online.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rahul Shinghal
Chief Operating Officer
Saroj Mishra
Chief Technical Officer
Arul Kumaravel
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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