RedotPay Secures $107M to Accelerate Global Stablecoin Payments

RedotPay raised $107 million in Series B funding to expand its stablecoin payment services globally, now serving over 6 million users and processing $10 billion in annualized volume.

RedotPay, a Hong Kong-based fintech specializing in stablecoin-powered payments, has raised $107 million in a Series B funding round led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and others. This brings RedotPay’s total capital raised in 2025 to nearly $200 million. The company, founded in 2023, aims to reduce costs and settlement times for cross-border payments, particularly in emerging markets, and has partnered with Circle for crypto-to-bank transfers in Brazil. RedotPay now serves over 6 million users across more than 100 markets, processes over $10 billion in annualized payment volume, and generates more than $150 million in annualized revenue. Its platform offers stablecoin-based cards, wallets, and payout services, bridging crypto and traditional finance. The new funding will support global expansion, product innovation, compliance, and strategic acquisitions, with a focus on markets such as the Middle East and North Africa. RedotPay’s rapid growth reflects increasing demand for stablecoin solutions in payments and remittances.