Circle Announces Proposed $400 Million Acquisition of Tazapay

Circle is offering $400 million in stock to acquire Tazapay, according to the company. According to NS3.AI, Circle announced the proposed acquisition on Sept. 8 and said it expects the deal to close in 2027, subject to customary conditions and regulatory approvals. Tazapay connects to more than 60 banking and fintech partners and supports payout rails across more than 100 markets.