Stablecoin Payments Firm RedotPay Raises $107 Million in Series B

RedotPay raises a $107M Series B as stablecoin payments scale, lifting 2025 funding to $194M and signaling rising demand for global transfers.

Areeba Rashid
December 17, 2025
9:57 am

Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.

RedotPay raises a $107M Series B, taking total 2025 funding to $194 million.
Platform tops 6M users, $10B payment volume, and $150M annualized revenue.
The stablecoin market nears $309.5B after the GENIUS Act boosts sector growth.

Stablecoin payments company RedotPay has raised $107 million in a Series B funding round. The financing brings the company’s total funding in 2025 to $194 million. The round shows sustained investor interest in stablecoin payment firms. It also reflects the growing use of stablecoins in consumer spending and cross-border transfers.

Goodwater Capital led the Series B round. Pantera Capital, Blockchain Capital, and Circle Ventures joined as investors. Existing backer HSG also participated. RedotPay disclosed the raise in a press release issued on Tuesday. The company last raised capital in September, closing a $47 million round that valued the business at more than $1 billion.

Thrilled to share that we’ve successfully closed our Series B funding round, a major step in our mission to make digital finance accessible, secure, and efficient for everyone. 🚀

By building on #blockchain rails, we’re moving beyond traditional #fintech to deliver a faster,… pic.twitter.com/gEvONlLZzO
— RedotPay Official (@RedotPay) December 16, 2025

RedotPay Grows Stablecoin Payment Usage

RedotPay was founded in Hong Kong and focuses on stablecoin-based payment products. The company offers a card that allows users to spend digital assets at merchants. It also runs stablecoin payout rails for cross-border transfers. Users can access stablecoins through multicurrency accounts and a peer-to-peer marketplace.

The company registered good usage and revenue figures. RedotPay said it has over 6 million registered users across more than 100 markets. It handles over $10 billion in annualized payment volume. The firm is also producing more than $150 million in annualized revenue, according to the release.

RedotPay is intending to use the new funding to scale up operations. The company will focus on acquiring to support growth. It will also seek more licenses in key jurisdictions. Compliance teams will scale, as will all engineering and product hiring, as RedotPay enters new markets.

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The company has also placed greater emphasis on emerging markets. In December, RedotPay, in partnership with Ripple, launched a crypto-to-naira payout service. The feature gives users the ability to convert digital assets to Nigerian naira. Funds are transferred directly to local bank accounts, thus negating transfer delays.

Stablecoin Firms Attract Fresh Capital in 2025

RedotPay’s raise comes as more investment is occurring in the space of stablecoin firms in 2025. In August, venture investors pledged to provide almost $100 million to stablecoin infrastructure companies. Switzerland-based M0 raised $40 million in a Series B led by Polychain Capital and Ribbit Capital. US startup Rain raised $58 million to develop tools for banks that issue regulated stablecoins.

Other stablecoin businesses have also raised capital. In October, stablecoin payments company Coinflow raised $25 million in Series A led by Pantera Capital. In November, CMT Digital closed a $136 million fund targeting blockchain startups. Part of that capital has already been poured into stablecoin companies, such as Coinflow and Codex.

The stablecoin market has grown since the regulatory clarity improved. Since the GENIUS Act passed in the United States on July 18, the market has increased by over $50 billion. Total stablecoin supply is now close to $309.499 billion. Tether has more than 60% market share, according to DefiLlama data.