.
MergerLinks Header Logo

New Deal


Announced

Completed

Sequoia Capital led a $17m funding round in Tazapay.

Financials

Edit Data
Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

fintech

Venture Capital

Acquisition

Completed

Private Equity

financial services

Cross Border

FinTech

Private

Minority

information technology

Singapore

Friendly

Single Bidder

Synopsis

Edit

Sequoia Capital, a private equity firm, led a $17m funding round in Tazapay, a fintech company, with participation from PayPal Ventures, Gokul Rajaram, Foundamental, January Capital, RTP Global and Saison Capital. "After Surge, we are thrilled to have Sequoia Capital Southeast Asia show faith and conviction in our business by leading and participating in this round. We also welcome EscapeVelocity and PayPal Alumni Fund who are joining us as new investors. These partners will help us realise our vision to be the foremost cross border infrastructure for global platforms as we double down on growing our market presence and consolidating every real-time banking network in the world under one API. We are grateful to both our new and existing investors for acknowledging the evolving needs of our ecosystem and supporting our aspirations," Rahul Shinghal, Tazapay CEO and Co-Founder.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US