PANews reported on December 16th that, according to The Block, Hong Kong-based stablecoin payment platform RedotPay has completed a $107 million Series B fundingPANews reported on December 16th that, according to The Block, Hong Kong-based stablecoin payment platform RedotPay has completed a $107 million Series B funding
Stablecoin payment platform RedotPay has completed a $107 million Series B funding round, led by Goodwater Capital.
PANews reported on December 16th that, according to The Block, Hong Kong-based stablecoin payment platform RedotPay has completed a $107 million Series B funding round, led by Goodwater Capital, with participation from Pantera Capital, Circle Ventures, Blockchain Capital, and existing investor HSG. The funds will be used for product iteration, compliance license expansion, and strategic acquisitions. RedotPay boasts an annualized payment volume exceeding $10 billion, annual revenue exceeding $150 million, users in over 100 markets worldwide, and more than 6 million registered users. The platform remains profitable.
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