Singapore based cross-border payments startup raised $16.9m in Series A funding led by Sequoia Capital Southeast Asia.
In a statement about the funding, Sequoia Capital Southeast Asia vice president Aakash Kapoor said, “Buyers increasingly prefer to use local real-time payments over traditional networks and businesses are keen to expand globally without going through the hassle of a local set-up. The Tazapay team has unique insights and experience to leverage this tailwind, and Sequoia Capital Southeast Asia is excited to partner with them as they double down on the opportunity.”