RedotPay Raises $107M to Drive Stablecoin Adoption, Expand Card Services

RedotPay recently announced the successful closing of $107 million Series B fundraise led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and previous investors. The Hong Kong-based fintech firm has raised nearly $200 million in total after raising $40 million in 2023 and another $47 million from investors in an April 2025 funding round that saw RedotPay achieve a $1 billion valuation. Michael Gao, Co-Founder and CEO of RedotPay, said in a Dec. 16 pres ...