Hong Kong's RedotPay Raises $107 Million Series B to Expand Global Stablecoin Payments

2025-12-16 18:21:27

Source: CryptoNewsNet Original Title: Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments Original Link: Hong Kong-based payments fintech RedotPay has raised $107 million in a Series B round as it scales stablecoin-powered payments across more than 100 countries, betting that blockchain rails can compete directly with traditional cross-border finance.

The oversubscribed round was led by Goodwater Capital with participation from Pantera Capital, Blockchain Capital, and Circle Ventures. This brings RedotPay’s total capital raised in 2025 to $194 million.

RedotPay now serves more than 6 million users globally, processes over $10 billion in annualized payment volume, and generates more than $150 million in annualized revenue as stablecoin adoption accelerates in payments and remittances.

Earlier this year, RedotPay achieved unicorn status when it closed a funding round for $47 million with backing from certain major venture funds and investors.

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