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

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.