RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total capital raised in 2025 to US$194 million.

The oversubscribed round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and existing backers including HSG.

As of November 2025, RedotPay has over 6 million registered users across more than 100 markets and processes over US$10 billion in annualised payment volume.

The company reports annualised revenue exceeding US$150 million and continues to grow profitably through an efficient and scalable business model.

“Our goal is to help users manage their finances with confidence through stablecoin-powered financial services. With our latest funding, we plan to accelerate product innovation and expand our global reach,”

said Michael Gao, Co-Founder and CEO of RedotPay.

He added that investors bring expertise and resources to support responsible scaling while maintaining compliance and user experience.

RedotPay offers a range of stablecoin-based financial services. Its card allows users to spend stablecoins and other digital assets globally.

Its payout infrastructure enables fast, secure international transfers, and multi-currency accounts and a peer-to-peer marketplace provide access to stablecoins for both crypto-native and traditional finance users.

The new funding will support strategic acquisitions, license applications, compliance expansion, and global hiring, particularly in engineering, product, and compliance teams.

RedotPay intends to extend its geographic reach and enhance its product offerings to connect crypto and traditional payment ecosystems.

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