RedotPay Secures $107 Million for Global Stablecoin Payment Expansion
- RedotPay raised $107 million in a Series B funding round led by Goodwater Capital.
- The company’s total capital raised in 2025 now stands at $194 million.
- RedotPay serves over 6 million users and processes more than $10 billion in annualized payment volume.
- The firm reported an annualized revenue exceeding $150 million as stablecoin adoption increases.
- Payment volume nearly tripled year-on-year, with over three million new users joining through November.
The funding will help RedotPay expand its geographical reach amid growing competition among stablecoin issuers and payments firms targeting remittances and daily spending. Earlier this year, the company enabled crypto-to-fiat transfers directly to bank accounts in Brazil using Circle’s payment network.
With a significant increase in user base and payment volume, RedotPay is positioned to enhance its services globally, reflecting a strong demand for stablecoin solutions in cross-border finance. (Source)
