RedotPay Hits Unicorn Status with $47M Raise For Crypto Payments Expansion
latest $47 million investment attracted significant names in venture capital, including Coinbase Ventures, Galaxy Ventures, and Vertex Ventures. This most recent round demonstrates that investors have a great deal of confidence in RedotPay’s vision and market success.
CEO Michael Gao emphasized the importance of fundraising, stating that the caliber of the supporters demonstrates that many people believe in the company’s revolutionary approach to crypto and fintech payments.
RedotPay has experienced rapid growth since its inception in April 2023. The company has already acquired more than 5 million customers and processed a total payment volume (TPV) of over $ 10 billion, making it one of the world’s leading fintech innovators. The beginup has raised approximately $90 million thus far, including a $40 million Series A round led by Lightspeed and backed by HSG and Galaxy Ventures.
Stablecoin Cards and Global Payouts: New Products
RedotPay offers a full range of payment options that focus on stablecoins. It offers multicurrency wallets, global payout services, and cards powered by that are simple to use and work well. The Global Payout service, launched in June 2025, enables individuals to send cryptocurrency directly to their local bank accounts and e-wallets. This addresses a growing need in areas that lack sufficient access to these services, such as Latin America.
The company holds licenses in key regions, including , Europe, and Argentina. RedotPay is still working on obtaining additional licenses, with a focus on ensuring that any new international routes comply with the relevant regulations. This will assist build user trust and facilitate easier cross-border transactions.
Strategic Growth and a Plan for the Future
RedotPay’s primary objectives for the future are to expand its global presence and enhance its relationships with and payment networks. As the company files for licenses in new locations and adapts to the rapidly changing financial landscape, it remains crucial to continue investing in compliance with the rules.
The unicorn milestone drives RedotPay’s intention to continue growing and provides the company with more funds to invest in new technology, improved products, and expanding into new markets. With the support of well-known investors, RedotPay can develop its infrastructure, attract more customers, and promote the global adoption of stablecoin payments.
Greater Movement in The Wider Stablecoin Ecosystem
RedotPay’s success coincides with a surge in fundraising activity in the stablecoin and crypto payments space. Bastion, a firm that builds infrastructure for stablecoins, has secured $14.6 million in funding from prominent industry players, including Ventures, Sony, and Andreessen Horowitz.
Fnality, a London-based blockchain payments company, raised $136 million in a round backed by large banks. This indicates a significant level of competition and investor interest in enterprise-grade stablecoin answers.
