Hong Kong's RedotPay raises $100 million Series B to push global stablecoin payments
The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.
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RedotPay, a Hong Kong-based fintech, raised $107 million in a Series B round to expand its stablecoin-powered payment services globally.
The funding round was led by Goodwater Capital and included investors like Pantera Capital, bringing RedotPay’s total capital raised in 2025 to $194 million.
RedotPay, founded in 2023, aims to reduce costs and settlement times for cross-border payments, particularly in emerging markets, and has partnered with Circle for crypto-to-bank transfers in Brazil.
Hong Kong-based payments fintech RedotPay has raised a $107 million in a Series B round as it scales stablecoin-powered payments across more than 100 countries, betting that blockchain rails can compete directly with traditional cross-border finance.
The oversubscribed round, led by Goodwater Capital with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, brings RedotPay’s total capital raised in 2025 to $194 million, it said in a release.
