RedotPay Raises $107 Million to Revolutionize Global Payments with Stablecoins

TLDR:

• RedotPay raises $107M to scale stablecoin payments globally.
• RedotPay’s Series B funding fuels global stablecoin payment expansion.
• RedotPay secures $107M to expand across 100+ countries with stablecoins.
• RedotPay accelerates growth with $107M Series B, boosting global reach.
• RedotPay hits $1B valuation, raising $107M to enhance global payment systems.

RedotPay, a Hong Kong-based fintech, has secured $107 million in a Series B funding round, marking another milestone in its mission to revolutionize global payments with stablecoins. The company aims to scale its stablecoin-powered solutions across over 100 countries, further establishing itself in the competitive payments industry. This round was oversubscribed, reflecting the growing demand for stablecoin-based payment systems that bridge the gap between crypto and traditional finance.

Series B Round Led by Prominent Investors

The Series B round was led by Goodwater Capital, a consumer-focused venture firm, with participation from Pantera Capital, Blockchain Capital and Circle Ventures. RedotPay’s previous backers, including Sequoia Capital China (now HSG), also contributed to the round. The funding follows a $47 million raise in September 2025, which boosted the company’s valuation to over $1 billion. With this new capital, RedotPay’s total funding raised since inception reaches approximately $200 million.

RedotPay’s co-founder and CEO, Michael Gao, highlighted the company’s rapid growth, stating that the demand for its platform accelerated, necessitating this additional raise. Gao emphasized that the capital will be directed towards scaling infrastructure, compliance, and partnerships to support this growth. The company plans to use this influx of funding to enhance its core user experience and expand its regulatory licenses in key markets.

Expanding Global Reach and Enhancing Product Offerings

RedotPay intends to expand its geographical coverage and enhance its product offerings. The company’s stablecoin-based products, such as global payout rails and a stablecoin-powered card, are designed to provide fast and affordable cross-border payments. RedotPay’s user base has grown significantly, with over 6 million registered users globally and a $10 billion annualized payment volume, nearly tripling year-over-year. The company aims to keep up this momentum by introducing new solutions and acquiring businesses that will enhance its infrastructure and regulatory licenses.

RedotPay has set its sights on expanding in regions such as the Middle East and North Africa, where stablecoin adoption is growing rapidly. Gao noted that the company’s fast-growing user base, especially in these regions, presents significant opportunities for further expansion. Through strategic acquisitions and collaborations, RedotPay plans to solidify its presence in key markets, positioning itself as a leader in the stablecoin-based payments sector.

Strong Financial Performance and Future Growth Plans

RedotPay’s financial performance underscores the company’s growing influence in the fintech space. The company reported more than $150 million in annualized revenue, with over 3 million new users joining the platform in 2025 alone. It operates profitably, marking a significant achievement in the highly competitive global payments landscape. The company’s focus on enabling instant and predictable cross-border transactions through stablecoins has positioned it as a key player in reshaping the future of global finance.

RedotPay plans to continue expanding its product suite and solidifying its market presence through acquisitions and strategic partnerships. The company remains focused on creating seamless solutions for both crypto-native and non-crypto users. As stablecoin adoption grows in payments and remittances, RedotPay is well-positioned to lead the charge in transforming the global payments ecosystem.

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