RedotPay's Funding Milestone Signals Surge in Stablecoin Adoption
The stablecoin payments sector continues to gain traction as a bridge between traditional finance and digital assets, with transaction volumes expanding rapidly in emerging markets facing currency volatility and limited banking access. Hong Kong-based fintech RedotPay exemplifies this trend, announcing a $107 million Series B funding round that underscores investor confidence in stablecoins’ role in cross-border remittances and everyday transactions. This raise, completed on December 16, 2025, brings the company’s total funding to approximately $200 million since its inception, highlighting the sector’s maturation amid broader crypto infrastructure investments.
Funding Details and Investor Confidence
RedotPay’s latest round was led by consumer-focused venture firm Goodwater Capital, with participation from prominent crypto investors including Pantera Capital, Blockchain Capital, and Circle Ventures. Existing backers such as HSG (formerly Sequoia Capital China) also joined, marking the round as oversubscribed. The funding follows a $47 million strategic investment in September 2025, which valued the company above $1 billion, and a $40 million Series A earlier in the year. Structured entirely as equity, the Series B reflects accelerated platform demand, according to Michael Gao, co-founder and CEO of RedotPay. “We only began actively raising capital in late 2024,” Gao stated. “This financing allows us to scale infrastructure, compliance, and partnerships in line with that growth.” He declined to disclose the post-money valuation or details on board seats. Investors view the round as a strategic bet on stablecoins’ integration into global payments. Jonah Burian, an investor at Blockchain Capital, emphasized the platform’s potential in underserved regions: “In many countries, consumers face currency risk, savings erosion due to inflation, and fragile local banking systems. Many would prefer to store value in assets they trust, such as dollars, bitcoin, or other digital assets, and spend in their local currency. RedotPay seeks to bridge this gap by giving consumers meaningful control over their financial destiny.” This influx of capital aligns with a broader market shift, where stablecoin transaction volumes have surpassed $10 trillion annually across networks like Ethereum and Solana, driven by remittances and e-commerce. RedotPay’s focus on user-friendly tools positions it to capture a share of this expanding $150 billion+ global payments market, particularly in Asia and the Middle East.
Platform Growth and Financial Performance
RedotPay, which facilitates global payments using stablecoins, now boasts over 6 million registered users across more than 100 markets. The platform’s annualized payment volume exceeds $10 billion, nearly tripling year-over-year, with more than 3 million new users added through November 2025. It also reports over $150 million in annualized revenue and operates profitably, a rare feat for fintech startups in the crypto space. Key products driving this growth include:
- A stablecoin-based card enabling global spending of digital assets.
- Stablecoin-powered global payout rails for instant cross-border transfers.
- Multi-currency wallet accounts providing access to stablecoins via licensed third-party financial institutions.
- A peer-to-peer marketplace built on proprietary infrastructure.
Designed for both crypto-native users and newcomers, the platform emphasizes instant, predictable fund movements without the volatility of traditional cryptocurrencies. With 250 full-time employees, RedotPay is actively hiring in engineering, product, and compliance to support this expansion. These metrics highlight stablecoins’ efficiency in reducing remittance costs—often below 1% compared to 6% global averages—potentially impacting billions in developing economies. However, regulatory hurdles in key markets remain a challenge, as seen in varying adoption rates across regions.
Strategic Use of Funds and Market Expansion
The new capital will prioritize three areas: product development to enhance user experience based on feedback, compliance and licensing to broaden regulatory approvals, and strategic acquisitions to bolster infrastructure. Target acquisitions include licensed payment institutions and acquiring platforms, focusing on markets with rapid user growth. RedotPay reports significant traction in the Middle East and North Africa (MENA), where economic instability amplifies stablecoins’ appeal for value preservation. The company plans to deepen presence in these regions, leveraging organic demand to scale operations. This approach could accelerate stablecoin mainstreaming, with implications for financial inclusion in high-inflation areas. As platforms like RedotPay integrate with traditional rails, they may pressure legacy systems to innovate, potentially lowering global transaction fees by 20-30% in the coming years. What could this mean for the future of cross-border payments, especially as regulatory clarity emerges in more jurisdictions?
