23 Dec
23Dec

Hong Kong-based fintech powerhouse RedotPay has successfully closed a $107 million Series B funding round, marking a major milestone in its mission to mainstream stablecoin-based global payments. This latest equity-only round was led by Goodwater Capital, with significant participation from industry titans including Pantera Capital, Blockchain Capital, and Circle Ventures.

This fresh capital brings RedotPay’s total funding to approximately $200 million this year alone, following a rapid-fire series of successful raises in early 2024 and September.

Explosive Growth and Market Reach

RedotPay has emerged as a leader in the intersection of digital assets and traditional finance:

  • User Milestone: The platform now boasts over 6 million registered users across 100+ markets, having added 3 million new users in the first eleven months of 2025.
  • Massive Volume: The company is currently processing over $10 billion in annualized payment volume, nearly triple its previous year's performance.
  • Financial Health: Operating profitably, RedotPay generates more than $150 million in annualized revenue, a rarity for high-growth fintech startups in this space.

Strengthening the Infrastructure

The platform’s suite of services—which includes stablecoin-backed cards, multi-currency wallets, and global payout rails—is designed to provide instant, predictable cross-border transactions for both crypto-native and traditional users.

According to the company, the $107 million will be strategically deployed toward:

  • Global Licensing: Expanding regulatory compliance and securing licenses in new jurisdictions.
  • R&D: Refining user experience and scaling payment infrastructure.
  • Geographic Expansion: Targeting high-demand regions like the Middle East and North Africa (MENA), where stablecoins serve as a critical hedge against inflation and banking instability.

The Investor Perspective

Backers like Pantera and Circle Ventures view RedotPay’s success as proof that stablecoins are evolving from niche trading tools into essential global payment utilities. With a growing team of 250 and active hiring across engineering and compliance, RedotPay is positioning itself as the primary bridge between digital stability and global commerce.

December 2025, Cryptoniteuae

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