RedotPay Nears $200M in Funding With New $107M Series B Round

What’s Driving RedotPay’s New Funding Round?

RedotPay has raised $107 million in a Series B backed by Pantera Capital, Circle Ventures, Blockchain Capital and excellentwater Capital, continuing a year of quick expansion for the Hong Kong-based stablecoin payments firm. The round arrives only three months later than a $47 million strategic raise and follows a $40 million Series A earlier in the year, bringing total capital raised to roughly $200 million.

The new round was structured entirely as equity. RedotPay declined to share its valuation or board details but described the raise as oversubscribed. The company said demand for its stablecoin payment products has accelerated across multiple regions, prompting a quicker-than-expected return to market.

“We only began actively raising capital in late 2024,” CEO Michael Gao told The Block. When asked why the company raised again so soon, he said growth has outpaced internal capacity. “This financing allows us to scale infrastructure, compliance, and partnerships in line with that growth,” he said.

Investor Takeaway

How large Is RedotPay’s Current Footprint?

The company says it has crossed 6 million . Annualized $10 billion, nahead tripling year over year. RedotPay also reports more than $150 million in annualized revenue while operating profitably, with more than 3 million users joining the platform between January and November 2025.

RedotPay’s product suite centers around stablecoin payments, including a card that allows users to spend digital assets globally, stablecoin payout rails for businesses, accounts via unnamed licensed financial partners, and a peer-to-peer marketplace built on its own infrastructure. The company says its core advantage is enabling instant and predictable cross-border transfers for both crypto-native and non-crypto users.

Users in regions with volatile currencies or limited payment infrastructure appear to be a growing driver of adoption. Gao said RedotPay has “meaningful users” across the Middle East and North Africa, and the company is expanding in areas where organic demand is strongest.

Where Will the New Capital Be Directed?

RedotPay said the funding will be deployed across three categories: product development, compliance and licensing, and strategic acquisitions. The company plans to invest heavily in improving core user experience, a process Gao described as “fundamentally product-driven,” guided by customer feedback.

RedotPay also intends to pursue acquisitions that broaden its regulatory license footprint and reinforce its payments stack. Target sectors include licensed payment institutions, acquiring providers, especially in markets where RedotPay’s user base is expanding.

Compliance remains a core focus as stablecoin payments draw closer attention from regulators. The company works with licensed third-party financial institutions to support wallet accounts and payout flows, while preparing for more stringent licensing frameworks in regions with growing user traffic.

RedotPay currently employs around 250 full-time staff and is hiring across engineering, product and compliance teams as volumes rise.

Investor Takeaway

Why Are Investors Backing Stablecoin Payments Now?

Investor interest in RedotPay reflects a broader shift toward , not just trading instruments. Venture firms have been looking at companies that merge on-chain money movement with traditional financial interfaces, especially in markets where access to reliable banking is uneven.

Blockchain Capital’s Jonah Burian framed the investment through that lens. “In many countries, consumers face currency risk, savings erosion due to inflation, and fragile local banking systems,” he said. “Many would prefer to store value in assets they trust, such as dollars, BTC, or other digital assets, and spend in their local currency. RedotPay viewks to bridge this gap by giving consumers meaningful control over their financial destiny.”

For now, RedotPay’s rapid user growth and reported profitability place it among a small set of companies proving out stablecoin payments at scale. The company’s next phase will depend on how rapidly it can deepen its licensing footprint, expand payout corridors and integrate its infrastructure across regions with quick-growing stablecoin usage.