Circle agrees to acquire Singapore-based cross-border B2B payments company Tazapay for $400M, in one of its largest publicly disclosed acquisitions to date (Francisco Rodrigues/CoinDesk)

Circle will acquire Singapore-based cross-border B2B payments platform Tazapay for $400 million, marking one of Circle’s largest publicly disclosed deals. The transaction expands Circle’s reach into Southeast Asian commerce, adding Tazapay’s network that enables merchants to receive payments in multiple currencies and settle internationally.