Hong Kong-based stablecoin payments company RedotPay has raised $107 million in an oversubscribed Series B round, lifting its total 2025 fundraising to $194 million following an earlier $47 million strategic round in September. The Series B was led by Goodwater Capital with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and other existing backers, and is aimed at scaling RedotPay’s global infrastructure and compliance capabilities as stablecoin-based payments see accelerating adoption. RedotPay positions itself as a global stablecoin-based payment fintech, integrating blockchain rails with traditional payment systems to enable lower-cost, faster cross-border transactions. According to company disclosures, the platform now has over 6 million registered users across more than 100 markets, processing more than $10 billion in annualized payment volume, with payment volumes nearly tripling year-over-year in 2025 as around 3 million new users joined through November. The firm offers products such as stablecoin-based cards, wallets, and payout services, and reports operating profitably with over $150 million in annualized revenue, positioning it as one of the more scaled players in the stablecoin payments segment. The new capital is earmarked for infrastructure scaling, regulatory compliance programs, and partnership expansion to support further international growth. Strategically, the round underscores growing investor conviction that stablecoins—blockchain-based tokens pegged to fiat currencies—can serve as a backbone for everyday payments and remittances, especially in cross-border contexts where traditional banking is slower or more expensive. Participation from established crypto and fintech investors, including Circle Ventures (affiliated with USDC issuer Circle), signals continued convergence between crypto-native payment infrastructure and mainstream financial services.

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