The fintech RedotPay, with operational headquarters in Hong Kong, has successfully closed a Series B funding round raising 107 million dollars to boost its international expansion. According to the company’s official statement, these new funds will be allocated to accelerate the adoption of its stablecoin-powered payments, facilitating much faster and cheaper cross-border transactions for users in emerging markets.
The oversubscribed investment round was led by the firm Goodwater Capital and featured strategic participation from industry giants such as Pantera Capital, Blockchain Capital, and Circle Ventures. With this new capital injection, the total funding secured by the platform during the course of the year 2025 rises to the impressive figure of 194 million dollars. On the other hand, the company reported robust growth metrics, currently processing over 10 billion in annualized payment volume and generating revenues exceeding 150 million dollars per year.
This financial milestone reinforces the dominant position of the company, which had already reached the coveted unicorn status earlier in the year after closing a previous 47 million dollar round. The platform has focused on solving the critical inefficiencies of traditional banking systems, offering digital cards and wallets that drastically reduce settlement times. Its recent technological integration with Circle in Brazil allows direct crypto-to-fiat transfers, bypassing costly traditional correspondent banking rails and demonstrating the practical utility of these tools.
Will blockchain infrastructure definitively replace traditional banking payment systems?
RedotPay’s exponential growth, which has managed to triple its payment volume year over year, signals a fundamental shift in user preferences toward decentralized and efficient financial solutions. For the global financial sector, this implies increasingly fierce competition between stablecoin issuers and traditional payment companies seeking to capture the lucrative remittance market. Mass adoption of these tools could pressure banks to modernize their infrastructures or risk losing significant market share in key economies.
Likewise, the company has revealed that it will use a large portion of the round’s proceeds to expand its geographical coverage and strengthen its service network in over 100 countries. As demand for borderless financial solutions continues to rise, millions of new users are expected to adopt these alternatives, permanently transforming the landscape of international payments and challenging the status quo.
Finally, with over 6 million global users and sustained growth of 3 million new customers through November, RedotPay positions itself as an undisputed leader in the sector. The combination of fresh capital and an expanding user base suggests that blockchain technology will continue gaining ground against conventional finance in the near future.
