Stablecoin-based payment fintech RedotPay raises $107m in Series B

Core Insights - RedotPay has successfully completed a $107 million Series B funding round, raising a total of $194 million in 2025, and has over six million users across more than 100 markets as of November 2025 [1][2] - The company has achieved an annualized payment volume exceeding $10 billion and generates over $150 million in annualized revenue [1] Funding and Investment - The Series B funding round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and continued support from HSG and others [2] - Investors bring expertise in consumer fintech, blockchain infrastructure, and global payments, aligning with RedotPay's mission to enhance financial access through stablecoin adoption [3] Business Model and Growth Strategy - RedotPay is focused on profitable growth through an efficient and scalable business model, aiming to accelerate product innovation and expand its global reach with the new funding [2][4] - The company is developing stablecoin-powered financial services to facilitate instant, predictable, and borderless fund movement for both crypto-native and non-crypto users [5] Product Offerings - RedotPay's offerings include a stablecoin-based card for global spending, stablecoin-powered payout rails for fast and secure transfers, and multi-currency accounts for accessing, holding, and using stablecoins through its P2P marketplace [6] Industry Impact - Investors believe RedotPay will play a significant role in the next phase of crypto adoption, bringing stablecoins into everyday payments and contributing to a more inclusive financial system [7]