Tazapay Raises Series B with Ripple & Circle

Hey Payments Fanatic!

Tazapay, a payments startup that processes over $10 billion a year, has closed its Series B round with Ripple and Circle joining to boost its presence in Japan and move forward with license applications in the US, UAE, Hong Kong, and Australia.

CEO Rahul Shinghal summed it up:

“We’re entering the next chapter of our journey, one where modern payment technologies, regulatory compliance, and partnerships with global leaders will enable the future of cross-border commerce.”

But the story doesn't end here, scroll down for the full scoop.👇

See you tomorrow!

Cheers,

Marcel

PODCAST 

🎤 LATAM vs US FinTech: Lessons from Deuna. In this episode of Connecting the Dots in FinTech, Arthur talks with José María Serrano, co-founder of Deuna, the one-click checkout startup reshaping e-commerce in Latin America. They dive into key differences between U.S. and LATAM FinTech, Deuna’s path to product-market fit, and how it tackles fraud, conversion, and scalability, offering valuable lessons for founders in emerging markets. You can also listen to us on Spotify

INSIGHTS

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NEWS

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🇸🇬 Cross-Border Payments Platform Tazapay secures strategic investment from Ripple and Circle. It will use the capital to expand its global licensing and operations. Tazapay processes more than $10 billion in annualized payment volume. Keep reading

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GOLDEN NUGGET

🚨 Part 6: 𝐑𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐚𝐭𝐢𝐨𝐧 & 𝐃𝐚𝐭𝐚 𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧 — by CellPoint Digital 👇 Created by Arthur Bedel 💳 ♻ 

In travel payments, millions of transactions flow through multiple PSPs (Worldpay, Nuvei, Checkout.com, Getnet...) and payment methods every day. Without centralized reconciliation and data aggregation, merchants face operational blind spots, revenue leakage, and compliance risks.

That’s why reconciliation is a critical backbone of financial operations — ensuring every dollar, fee, and booking aligns across systems.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐑𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐚𝐭𝐢𝐨𝐧?

► Reconciliation is the process of matching transactions across the merchant’s records, PSP reports, acquirer settlements, and bank deposits.

► It ensures accuracy by detecting discrepancies such as missing funds, overcharges, or settlement delays.

→ In the travel industry, where high volumes and multi-channel sales are the norm, reconciliation is essential to financial integrity.

𝐓𝐡𝐞 𝐑𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 — 𝐒𝐭𝐞𝐩 𝐛𝐲 𝐒𝐭𝐞𝐩

1️⃣ Transaction Recording — Merchant logs a booking/payment in their system.

2️⃣ PSP & Acquirer Reports — Payment service providers and acquirers send settlement data.

3️⃣ Bank Deposit Confirmation — Funds appear in the merchant’s bank account.

4️⃣ Data Matching — Transactions are cross-checked between internal records, PSPs, and banks.

5️⃣ Discrepancy Resolution — Exceptions are flagged and investigated (refunds, duplicate charges, short settlements).

6️⃣ Final Reconciliation — Books are closed with verified data across all sources.

→ Manual reconciliation is slow and error-prone — orchestration automates the process, saving time and improving accuracy.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐃𝐚𝐭𝐚 𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧?

► Data aggregation consolidates transaction information from multiple PSPs, acquirers, and banks into a single source of truth.

► It enables real-time insights into acceptance rates, settlement timelines, chargeback ratios, and payment costs.

→ Without aggregation, merchants face fragmented reporting and limited visibility across their payment stack.

𝐇𝐨𝐰 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐎𝐫𝐜𝐡𝐞𝐬𝐭𝐫𝐚𝐭𝐨𝐫𝐬 𝐒𝐨𝐥𝐯𝐞 𝐑𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐚𝐭𝐢𝐨𝐧 & 𝐃𝐚𝐭𝐚 𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧 𝐈𝐬𝐬𝐮𝐞𝐬

Fragmentation → Orchestration unifies data from multiple PSPs/acquirers into one dashboard.

Manual Errors → Automation reduces human error in matching, reporting, and settlement.

Revenue Leakage → Early detection of discrepancies ensures faster recovery of lost funds.

Compliance Gaps → Centralized audit trails simplify financial reporting and regulatory checks.

Lack of Visibility → Real-time aggregation offers actionable insights across geographies and channels.

Travel merchants gain financial accuracy, transparency, and efficiency.

Source: CellPoint Digital | Steven Osei

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