RedotPay Raises $107 Million to Accelerate Global Adoption of Stablecoin Payments
Date: 2025-12-17 Author: Henry Casey Categories: BUSINESS
Hong Kong-based fintech platform RedotPay, which develops stablecoin-based payment solutions, announced the completion of a Series B funding round, raising $107 million. This brings the company's total investment raised through 2025 to $194 million, underscoring the strong interest of the venture capital market in stablecoin payment infrastructure.
Goodwater Capital led the new investment round. Pantera Capital, Blockchain Capital, and Circle Ventures joined, along with a number of existing investors, including HSG. The company noted that the round's participants reflect RedotPay's strategic focus on consumer fintech, blockchain infrastructure, and cross-border payments.
Michael Gao, co-founder and CEO of RedotPay, stated that the capital raise will allow the company to accelerate product development and strengthen its position in key markets. He stated that RedotPay's goal is to provide users with reliable and intuitive financial instruments based on stablecoins, combining innovation with a high level of compliance and a quality user experience. He also emphasized that the company's investors contribute not only financially but also with the expertise necessary to responsibly scale the business.
As of November 2025, the RedotPay platform served more than 6 million registered users in over 100 countries. Annual transaction volume exceeded $10 billion, and the company's revenue reached over $150 million per year. RedotPay also reports profitable growth, driven by an efficient and scalable operating model.
Goodwater Capital believes that stablecoins have the potential to fundamentally change global cash flows and improve financial inclusion. RedotPay partner Gene Oh noted that RedotPay is demonstrating impressive adoption rates for its solutions and improving access to financial services for users worldwide.
Other investors echo similar sentiments. Pantera Capital representative Ryan Barney emphasized that the integration of stablecoins into everyday payments forms the foundation for faster and more accessible financial systems. Blockchain Capital, in turn, noted the demand for RedotPay's solutions in countries with unstable economies, where users seek to preserve savings in reliable assets while spending in local currencies.
RedotPay plans to use the funds raised for strategic acquisitions, expanding its engineering and product teams, strengthening its regulatory operations, and expanding into new regions with high growth potential. The company continues to build an infrastructure bridge between the crypto ecosystem and traditional payment systems.
An additional factor driving RedotPay's growth was regulatory changes in Hong Kong, where a new stablecoin regime has been in effect since August 2025, requiring mandatory user identification and issuer licensing.
