RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people familiar with the matter.
The firm has been working with JPMorgan Chase, Goldman Sachs and Jefferies Financial Group on a potential New York listing that could take place as early as this year and might seek a valuation in excess of US$4 billion.
Considerations are ongoing and details such as the size and timing may change, and other banks could join the process, the sources told Bloomberg.
RedotPay raised US$194 million in 2025, including through a Series B round in December, and has said it achieved unicorn status.
Its investors include Accel, Blockchain Capital, Goodwater Capital, HSG, Pantera Capital and Vertex Ventures. As of November, the company had more than 6 million registered users.
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