In a move that’s either brave, slightly reckless, or brilliantly misguided, Redotpay, the Hong Kong-based fintech marvel (or misadventure?), has managed to raise a staggering $107 million in Series B funding. Apparently, people think stablecoins are the future-because what could possibly go wrong? 🤔💥
Stablecoin Payments Firm Redotpay Raises $107M in Series B Round
This latest round pushes Redotpay’s total treasure chest in 2025 to a whopping $194 million – because who doesn’t need that much digital “.zip” on their metaphorical hard drive? The funding was nobly led by Goodwater Capital, with enthusiastic backing from Pantera Capital, Blockchain Capital, and the illustrious Circle Ventures, along with loyal veterans who just keep throwing money like it’s Monopoly cash.
As of November, Redotpay boasts over 6 million users across more countries than you can count on both hands (mostly because nobody’s counting quite right). The company’s payments apparently hit over $10 billion annually. That’s billion, with a ‘b’, though I’m sure they’d prefer if we just called it ‘a lot’. Payment activity has nearly tripled, which is impressive unless you’re still trying to get your grandma to understand what ‘blockchain’ means. More than 3 million new users joined in 2025 – talk about growing faster than a pile of weeds in a suburban lawn.
Redotpay offers a smorgasbord of stablecoin-based services including card payments, cross-border payouts, and peer-to-peer transfers – in other words, it’s like a foreign exchange conga line with less actual money changing hands. The idea is to let users store digital assets while spending in local currencies, which sounds sensible until you realize it’s mainly for regions with currency instability or a severe shortage of banks (or both). 🏦⏳
The company reports generating more than $150 million in annualized revenue and – intriguingly – says it’s still technically profitable. Apparently, their strategy includes acquiring more companies, dodging regulators like a game of financial Whac-A-Mole, and hiring enough engineers to build the future of money where the only thing more stable than theircoins is uncertainty itself. 💻🛠️
Expansion plans include spreading to new countries and further developing payment infrastructure – because what the world really needs is more ways to shuffle digital tokens around while pretending we understand what it all means. The timing is perfect, as stablecoins are shifting from fringe curiosity to real money movers in payments, remittances, and settlements. The industry is growing faster than a blockchain meme on Twitter. 📈🌍
According to Dec. 16 data from defillama.com, the stablecoin economy is valued at a staggering $309.55 billion – enough to make even the most hardened banker blink. Settlement volumes are climbing into trillions, proving that this isn’t just some crypto fad, but a full-blown financial hurricane coming ashore.
FAQ ❓
- What is Redotpay?
A Hong Kong fintech startup trying to make stablecoins the new cash – or at least something vaguely resembling it. - How much did Redotpay raise in its Series B?
An impressive $107 million, because they apparently like to keep their piggy bank well-stuffed. - Who led the Redotpay funding round?
The brave folks at Goodwater Capital, with some other crypto-savvy investors throwing in their lot (or not). - How many users does Redotpay have?
Over 6 million, coming to a device near you. Or across dozens of countries – it’s hard to tell exactly, given the global reach.
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2025-12-16 23:58