Hong Kong-Based Redotpay Secures $107M to Expand Stablecoin Payment Services

Redotpay, a Hong Kong-based fintech focused on stablecoin-powered payments, has raised $107 million in a Series B funding round as fiat-pegged token transaction volumes and user adoption continued to climb.

Stablecoin Payments Firm Redotpay Raises $107M in Series B Round

The latest round brings Redotpay’s total capital raised in 2025 to $194 million, according to the company’s announcement on Tuesday. The funding was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, alongside continued backing from existing investors.

As of November, Redotpay reported more than 6 million registered users across over 100 countries. The company disclosed that annualized payment volume has exceeded $10 billion, with payment activity nearly tripling year over year. Moreover, more than 3 million users joined the platform during 2025 through November.

Redotpay operates a suite of payment services built around stablecoins, including card-based spending, cross-border payouts, and peer-to-peer (P2P) transfers. The platform is designed to allow users to store digital assets while spending in local currencies, a model the company explained is increasingly relevant in regions facing currency instability or limited banking access.

The company further reported generating more than $150 million in annualized revenue and said it remains profitable under its current operating structure. According to the announcement, the newly raised capital will be used to pursue acquisitions, strengthen compliance operations, obtain regulatory licenses, and expand engineering and product teams.

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Redotpay also plans to broaden its geographic footprint while continuing to develop payment infrastructure that bridges digital assets and traditional financial systems. The funding arrives as stablecoin usage continues to move beyond trading and into payments, remittances, and settlement, positioning firms like Redotpay within a growing segment of the global payments market.

As of Dec. 16, defillama.com stats show the stablecoin economy is valued at $309.55 billion, with settlement volumes climbing into the trillions in recent periods. The stablecoin sector continues to expand its footprint and legitimacy through broad adoption and increasing regulatory clarity from governments.

FAQ ❓

• **What is Redotpay?**Redotpay is a Hong Kong-based fintech offering stablecoin-powered payment services across global markets.
• **How much did Redotpay raise in its Series B?**The company raised $107 million in its Series B funding round.
• **Who led the Redotpay funding round?**Goodwater Capital led the round with participation from several crypto-focused investors.
• **How many users does Redotpay have?**Redotpay reported more than 6 million registered users worldwide as of November.