RedotPay raises $107M to expand stablecoin cards and global payout network

MEVictim · 2025-12-16T18:43:57+00:00

RedotPay has raised $107 million in Series B funding to enhance its stablecoin payment solutions and global network. The company aims to scale operations and expand its market presence while addressing financial challenges through stablecoin technology.

MEVictim

2025-12-16 18:43:57

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Source: CryptoNewsNet Original Title: RedotPay raises $107M to expand stablecoin cards and global payout network Original Link: RedotPay, a stablecoin-powered payments fintech, has closed a $107 million Series B round, bringing its 2025 fundraising total to $194 million.

The oversubscribed round was led by Goodwater Capital and included Pantera Capital, Blockchain Capital, Circle Ventures, and other backers.

With over 6 million users across 100+ markets, RedotPay is now processing more than $10 billion in annualized volume and generating over $150 million in yearly revenue. Its platform includes a stablecoin-based debit card, a global payout network, and a multi-currency account system that bridges crypto and traditional finance.

CEO Michael Gao said the company will use the new capital to scale operations, expand into new markets, and double down on compliance infrastructure. RedotPay also plans strategic acquisitions to deepen its product stack.

Investors emphasized the platform’s ability to address real-world financial pain points like inflation and fragile banking systems, with stablecoins enabling cross-border payments and dollar access for millions.

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memecoin_therapy

· 2025-12-19 18:37

Over 100 million in funding, the stablecoin card sector is really heating up... By the way, what kind of innovations can this money bring about?

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AirdropHarvester

· 2025-12-17 23:16

Wow, $107M in this funding round. Are they planning to turn stablecoin payments into an art form?

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RugpullAlertOfficer

· 2025-12-16 18:53

107M? Another money-burning venture.

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MEVHunterLucky

· 2025-12-16 18:50

1. 170 million in funding, are we really going to go big this time? Is there still optimism for stablecoin card tracks? 2. The payment company is raising funds again and again, so much money that there's nowhere to spend it, right? 3. Stablecoin cards... Prosperous and bustling, but can they really become mainstream? 4. Raising 200 million in a year, RedotPay is really aiming for the sky. 5. More and more funding rounds, but I haven't heard much about the products... Is this Web3? 6. The competition in international payments is fierce; can throwing money at it really win? 7. Stablecoin payment cards sound like a good idea, but what about adoption? 8. Oversubscribed and a global network, all sounding very promising. 9. Real money, I hope it doesn't end up being a flash in the pan. 10. Series funding is complicated; I still want to see their actual data.

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