RedotPay Rockets to $107M Series B in Big Vote of Confidence for Stablecoin Payments
In a clear signal that digital money is stepping out of crypto-only orbit and into global payments, Hong Kong-based fintech RedotPay has closed an oversubscribed US$107 million Series B round — a massive milestone that underscores investor belief in stablecoins as real-world payment infrastructure. (redotpay.com)
Leading the round was Goodwater Capital, joined by top crypto and fintech investors including Pantera Capital, Blockchain Capital, and Circle Ventures, with ongoing support from existing backers. (redotpay.com)
The fresh capital pushes RedotPay’s total funding in 2025 to about US$194 million, reflecting rapid growth and the market’s rising appetite for blockchain-enabled payments that bridge crypto and traditional finance. (redotpay.com)
From Crypto Curiosity to Payments Powerhouse
RedotPay isn’t just another wallet app — it aims to make digital assets spendable everywhere, offering a suite of products that include:
- Stablecoin-linked payment cards that let users spend crypto like cash anywhere Visa/Mastercard are accepted,
- Cross-border payout rails for fast, low-cost international transfers,
- Multi-currency accounts and marketplace access for holding and moving stablecoins and other digital assets. (HTX)
That strategy appears to be working. The company now claims:
- 6 million+ registered users across 100+ countries,
- Annualized payment volume exceeding US$10 billion,
- More than US$150 million in annual revenue — and growing profitably. (HTX)
Growth has been explosive in 2025, with transaction volumes nearly tripling year-over-year as millions of users embrace stablecoin spending for real-world use cases. (CoinMarketCap)
Why Investors Are Betting Big
Investors see RedotPay as more than a crypto app — they see it as a bridge between traditional money and digital currency rails.
Stablecoins — digital assets pegged to fiat currencies like the US dollar — offer:
- Faster settlement times than traditional cross-border transfers,
- Lower fees, especially across borders,
- Predictable value compared with volatile cryptocurrencies, and
- Financial access in regions where banking infrastructure is weak or costly. (TechNews180)
Backers say this combination could reshape how money moves globally — especially for remittances, international commerce, and everyday payments.
What’s Next for RedotPay
According to company leadership, the Series B funds will be used to:
- Pursue strategic acquisitions,
- Secure additional licenses in new jurisdictions,
- Expand compliance and regulatory teams, and
- Grow engineering and product development as the company expands into new markets. (redotpay.com)
This push aligns with RedotPay’s broader mission: to make stablecoin-powered financial services accessible, secure, and mainstream.
Glossary
Stablecoin A type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset — typically a fiat currency like USD. The stability makes it suitable for everyday payments and transfers.
Series B Funding A significant round of venture capital financing that helps startups scale products, expand to new markets, or build out infrastructure after initial product–market fit.
Annualized Payment Volume A projection of total transaction value processed over a year, based on current or recent performance.
Source: https://www.techinasia.com/news/hk-crypto-platform-redotpay-nets-107m-series (via multiple verified reporting)
