RedotPay announced it has raised a $107 million Series B round as it scales a stablecoin-based payments platform that it says now serves more than 6 million registered users across over 100 markets. The company said the financing was oversubscribed and brings its total capital raised in 2025 to $194 million, reflecting increased investor interest in stablecoin applications that can connect blockchain rails with everyday payment experiences.
The Series B was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, and continued backing from existing investors, including HSG and others, RedotPay said. The company positioned the new investor group as aligned with its push to accelerate adoption of stablecoin-powered payments globally and to expand financial access through digital finance products that aim to be accessible, secure, and efficient.
RedotPay said its growth has accelerated in 2025, with payment volume nearly tripling year on year and more than 3 million new users joining the platform through November. As of November 2025, the company said it has surpassed $10 billion in annualized payment volume, is generating more than $150 million in annualized revenue, and is delivering profitable growth through an efficient, scalable business model.
The company said it is building stablecoin-powered financial services designed to make fund movement instant, predictable, and borderless for both crypto-native and non-crypto users. RedotPay’s platform includes a card that enables spending stablecoins and other digital assets, stablecoin-based payout rails for cross-border transfers, and tools intended to bridge traditional finance with digital assets through account and marketplace capabilities.
RedotPay said the new capital will be used to pursue strategic acquisitions to deepen product and infrastructure capabilities, secure required licenses, and expand its compliance organization to support entry into additional markets, and accelerate global hiring across engineering, product, and compliance. The company said it plans to continue expanding its geographic coverage, focusing on key growth regions, while enhancing its product offerings that connect the crypto and traditional payment ecosystems.
KEY QUOTES:
“Our goal is to help users manage their finances with confidence through stablecoin-powered financial services. With our latest funding, we plan to accelerate product innovation and expand our global reach. Beyond capital, our investors provide the expertise and resources to enable us to scale responsibly while remaining compliance focused and delivering outstanding user experiences.”
Michael Gao, Co-Founder and CEO of RedotPay
“Goodwater invests in platform companies who are reshaping consumer experiences at global scale, and stablecoin has the potential to disrupt global money flow and strengthen financial inclusion,” said Jin Oh, Partner at Goodwater Capital. “RedotPay is improving financial access globally with remarkable traction for its stablecoin-driven solutions across major markets. We’re excited to support the company through its next phase of global growth as it expands stablecoin utility and continues to accelerate adoption and drive innovation across its payment products.”
Jin Oh, Partner at Goodwater Capital
“Pantera backs companies that use blockchain to solve real world problems. RedotPay is bringing stablecoins into everyday payments at a global scale. It offers a glimpse into a future where digital assets form the foundation of faster and more inclusive financial systems.”
“We believe RedotPay will play a meaningful role in the next phase of crypto adoption, and we are excited to support a company that is pushing the crypto ecosystem forward.”
Ryan Barney, Partner at Pantera Capital
“In many countries, consumers face currency risk, savings erosion due to inflation, and fragile local banking systems. Many would prefer to store value in assets they trust, such as dollars, Bitcoin, or other digital assets, and spend in their local currency. RedotPay seeks to bridge this gap by giving consumers meaningful control over their financial destiny,” said Jonah Burian at Blockchain Capital. “For millions globally, it is becoming a primary financial tool and a top-of-wallet card. RedotPay’s numbers tell the story, and we are excited to back this team.”
Jonah Burian, Blockchain Capital
