RedotPay Secures $47 Million to Accelerate Stablecoin Growth Across Developing Economies

RedotPay, a fintech company headquartered in Hong Kong, China, has obtained $47 million in strategic funding, pushing its valuation past the $1 billion mark and officially making it a unicorn. The investment round, revealed on September 25, 2025, was spearheaded by

Ventures, with continued support from Galaxy Ventures and Vertex Ventures Stablecoin News: RedotPay Attains Unicorn Status With $47M [ 1 ]. With this latest round, RedotPay’s total capital raised is now close to $90 million, following a $40 million Series A in March 2025 led by Lightspeed Crypto payments firm RedotPay claims unicorn status with $47M … [ 2 ]. This investment highlights the increasing trust institutions are placing in stablecoin-based payment technologies, especially as global digital asset regulations continue to develop RedotPay: The Ultimate Crypto Card for Secure Crypto Payment [ 3 ].

RedotPay’s platform merges blockchain technology with established payment systems, providing features like stablecoin-linked cards, multi-currency wallets, and international payout services. Since its launch in April 2023, the company has gained more than 5 million users in 100 countries and has processed $10 billion in annual payment volume Stablecoin News: RedotPay Attains Unicorn Status With $47M [ 1 ]. Its Global Payout service, introduced in June 2025, lets users send stablecoins straight to local bank accounts or e-wallets—a feature that is gaining popularity in emerging markets such as Latin America Crypto payments firm RedotPay claims unicorn status with $47M … [ 2 ]. Additionally, RedotPay has rolled out its crypto payment cards in South Korea, enabling purchases at any merchant that accepts Visa Crypto payments firm RedotPay claims unicorn status with $47M … [ 2 ].

This new capital will help RedotPay accelerate its entry into additional markets, strengthen its regulatory compliance, and expand collaborations with banks and payment networks. CEO Michael Gao highlighted the importance of this investment, noting that the involvement of Coinbase Ventures and returning investors “demonstrates the progress we’ve achieved and the belief in our mission” Stablecoin News: RedotPay Attains Unicorn Status With $47M [ 1 ]. The company currently holds licenses in Hong Kong, Europe, and Argentina, with more applications underway Crypto payments firm RedotPay claims unicorn status with $47M … [ 2 ]. Gao also stressed the need to navigate regulatory requirements to enable seamless cross-border payments and foster user trust RedotPay partners with Circle to support crypto-to-fiat transfers [ 6 ].

RedotPay’s swift expansion comes amid a wider increase in stablecoin usage. Rivals like Bastion and Fnality have also landed major investments in 2025, highlighting the sector’s fierce competition RedotPay Hits Unicorn Status with $47M Raise For Crypto … [ 5 ]. The company’s integration with the Circle Payments Network (CPN) in June 2025 further demonstrates its commitment to lowering transaction fees and speeding up settlements. Through CPN, RedotPay now offers instant crypto-to-fiat transfers to Brazilian bank accounts, with plans to extend this service to other markets. This partnership supports RedotPay’s goal of connecting digital assets with traditional finance, especially in regions with limited financial services.

Industry experts point out that RedotPay’s future success depends on its ability to grow while staying compliant with changing regulations. By focusing on user-friendly offerings, such as reduced fees for new products, the company is well-positioned to gain ground in areas where conventional banking is lacking. As stablecoin regulations are established in places like the U.S. and Europe, RedotPay’s forward-thinking approach to licensing and alliances may give it a competitive edge Stablecoin News: RedotPay Attains Unicorn Status With $47M [ 1 ].