RedotPay Raises $107M Series B as Stablecoin Payments Surge to 6M Users Worldwide

RedotPay, a stablecoin payment fintech, has raised $107 million in an oversubscribed Series B funding round showing investor confidence in the role of stablecoins in everyday payments.

This latest funding raise brings RedotPay’s total capital secured in 2025 to $194 million as the company continues to scale rapidly.

Rapid User Growth and Surging Payment Volumes

RedotPay said it now serves more than 6 million registered users across over 100 countries. As of November 2025, the platform has surpassed $10 billion in annualized payment volume, with transaction volumes nearly tripling year-on-year.

According to RedotPay more than 3 million new users joined the platform during 2025 through November showing rapid adoption of stablecoin-powered financial services among both crypto-native and mainstream users.

The company said it has also reached a key milestone in monetization, generating over $150 million in annualized revenue while maintaining a profitable, scalable business model.

RedotPay says its growth is driven by infrastructure and strong demand for predictable, borderless payments in markets facing currency volatility, inflation, or limited banking access.

Series B Led by Goodwater, Backed by Crypto Heavyweights

The Series B round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, alongside continued backing from existing investors including HSG.

“Stablecoin has the potential to disrupt global money flow and strengthen financial inclusion,” said Jin Oh, Partner at Goodwater Capital, adding that RedotPay has demonstrated “remarkable traction” across major markets. Investors highlighted the platform’s ability to translate blockchain infrastructure into real-world payment utility at scale.

Building Stablecoin-Powered Financial Services

RedotPay said it is focused on making fund movement instant, predictable, and borderless through a suite of stablecoin-powered products. These include a stablecoin-based card that allows users to spend digital assets globally, stablecoin payout rails for fast international transfers, and access tools that bridge traditional finance with digital assets via multi-currency accounts and peer-to-peer marketplaces.

“Our goal is to help users manage their finances with confidence through stablecoin-powered financial services,” said Michael Gao, Co-Founder and CEO of RedotPay. He notes that the new funding will accelerate product innovation while expanding the company’s global footprint in a compliance-focused manner.

Scaling Compliance, Talent, and Global Reach

RedotPay plans to deploy the new capital toward strategic acquisitions, licensing, and compliance expansion to support entry into new markets.

The company will also accelerate global hiring across engineering, product, and compliance teams. Looking ahead, RedotPay said it aims to deepen its presence in key growth regions.