RedotPay raises $107M to expand stablecoin cards and global payout network
Summary
Stablecoin fintech RedotPay has successfully closed a $107 million Series B funding round, bringing its total 2025 fundraising to $194 million. The oversubscribed round was led by Goodwater Capital and included investments from Pantera Capital, Blockchain Capital, and Circle Ventures. RedotPay currently serves over 6 million users across more than 100 markets, processing over $10 billion in annualized volume and generating $150 million in annual revenue. The company plans to utilize the new capital to scale operations, enter new markets, enhance compliance infrastructure, and pursue strategic acquisitions to deepen its product offerings, which include stablecoin debit cards and a global payout network.
(Source:Crypto Briefing)