RedotPay’s $47M Boost Powers Stablecoin Expansion in Emerging Markets

RedotPay, a China Hong Kong-based fintech startup, has secured $47 million in strategic investment, elevating its valuation above $1 billion and cementing its status as a unicorn. The funding round, announced on September 25, 2025, was led by Coinbase Ventures and included continued backing from Galaxy Ventures and Vertex VenturesStablecoin News: RedotPay Attains Unicorn Status With $47M^[1]. This brings the company’s total fundraising to nearly $90 million, including a $40 million Series A round in March 2025 led by LightspeedCrypto payments firm RedotPay claims unicorn status with $47M …^[2]. The investment underscores growing institutional confidence in stablecoin-driven payment solutions, particularly as regulatory frameworks for digital assets evolve globallyRedotPay: The Ultimate Crypto Card for Secure Crypto Payment^[3].

RedotPay’s platform combines blockchain efficiency with traditional payment infrastructure, offering services such as stablecoin-powered cards, multicurrency wallets, and global payout solutions. Since its founding in April 2023, the company has attracted over 5 million users across 100 markets and processed $10 billion in annualized payment volumeStablecoin News: RedotPay Attains Unicorn Status With $47M^[1]. Its Global Payout feature, launched in June 2025, enables users to transfer stablecoins directly to local bank accounts or e-wallets, a service gaining traction in emerging markets like Latin AmericaCrypto payments firm RedotPay claims unicorn status with $47M …^[2]. The company has also expanded its crypto-enabled payment cards to South Korea, allowing transactions at Visa-accepted merchantsCrypto payments firm RedotPay claims unicorn status with $47M …^[2].

The new funding will accelerate RedotPay’s expansion into new markets, enhance regulatory compliance, and deepen partnerships with banks and payment networks. CEO Michael Gao emphasized the significance of the investment, stating that Coinbase Ventures’ participation alongside repeat investors “validates the progress we’ve made and the confidence in our vision”Stablecoin News: RedotPay Attains Unicorn Status With $47M^[1]. The company currently holds licenses in China Hong Kong, Europe, and Argentina, with additional applications in progressCrypto payments firm RedotPay claims unicorn status with $47M …^[2]. Gao highlighted the importance of navigating regulatory landscapes to facilitate cross-border transactions and build trust among usersRedotPay partners with Circle to support crypto-to-fiat transfers^[6].

RedotPay’s rapid growth coincides with a broader surge in stablecoin adoption. Competitors such as Bastion and Fnality have also secured significant funding in 2025, reflecting the sector’s competitive intensityRedotPay Hits Unicorn Status with $47M Raise For Crypto …^[5]. The startup’s integration with Circle Payments Network (CPN) in June 2025 further underscores its focus on reducing transaction costs and settlement times. Through CPN, RedotPay now enables instant crypto-to-fiat transfers to Brazilian bank accounts, with plans to expand the feature to other regions. This collaboration aligns with the company’s mission to bridge the gap between digital assets and traditional finance, particularly in underserved markets.

Analysts note that RedotPay’s success hinges on its ability to scale while maintaining compliance with evolving regulations. The company’s emphasis on user-centric solutions, such as subsidized fees for new services, positions it to capture market share in regions where traditional banking infrastructure is limited. As stablecoin regulations take shape in jurisdictions like the U.S. and Europe, RedotPay’s proactive approach to licensing and partnerships could provide a strategic advantageStablecoin News: RedotPay Attains Unicorn Status With $47M^[1].