RedotPay, a Hong Kong-based stablecoin payment platform, has successfully raised $107 million in a Series B funding round led by Goodwater Capital. The round also saw participation from Pantera Capital, Circle Ventures, Blockchain Capital, and existing investor HSG. The newly acquired funds will be directed towards product development, expanding compliance licenses, and strategic acquisitions.
RedotPay, which operates profitably, reports an annualized payment volume exceeding $10 billion and annual revenue surpassing $150 million. The platform serves over 6 million registered users across more than 100 global markets.
RedotPay Secures $107 Million in Series B Funding Led by Goodwater Capital
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