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#RedotPay Raises $107M To Expand #Stablecoin Payment Services
Hong Kong-based fintech RedotPay has secured $107 million in Series B funding to scale its #stablecoin payment platform across more than 100 countries. Goodwater Capital led the oversubscribed round with participation from Pantera Capital, Blockchain Capital and Circle Ventures.
The financing brings RedotPay's total capital raised in 2025 to $194 million following a $47 million strategic round in September that valued the company above $1 billion. The payments platform now serves over 6 million users and processes more than $10 billion in annualized payment volume.
#RedotPay generates over $150 million in annualized revenue while operating profitably, according to company statements. Payment volume nearly tripled year-over-year in 2025 as more than 3 million new users joined the platform through November.
Co-founder and CEO Michael Gao said demand for the platform accelerated rapidly, prompting the quick return to fundraising markets. The Series B will fund infrastructure scaling, compliance programs, and partnership development to match growth trajectories across global markets.
