RedotPay raises $107M Series B led by Goodwater for stablecoin payments
Summary
Hong Kong-founded stablecoin payments company RedotPay announced it has raised $107 million in a Series B funding round, bringing its total 2025 funding to $194 million. The round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures. RedotPay provides stablecoin-based products, including spending cards, cross-border payout rails, and multicurrency accounts, serving over 6 million users across 100 markets and processing $10 billion in annualized volume. The new capital will be used for acquisitions, obtaining licenses, expanding compliance, and hiring engineers as the company enters new markets. This follows a previous $47 million investment in September that valued the business over $1 billion.
(Source:Cointelegraph)