RedotPay's Unicorn Leap Bridges Traditional and Crypto Finance for Global Inclusion


RedotPay, a China Hong Kong-based stablecoin payments fintech, has secured $47 million in strategic investment, propelling it to unicorn status with a valuation exceeding $1 billion [1]. The funding round included new participation from CoinbaseCOIN-- Ventures and continued backing from Galaxy Ventures and Vertex Ventures [2]. The company, founded in April 2023, offers stablecoin-powered payment cards, multicurrency wallets, and global payout services, processing $10 billion in annualized transaction volume across over 100 markets [3]. With more than 5 million users, RedotPay’s platform integrates blockchain speed with traditional payment networks, enabling seamless cross-border transactions and financial inclusion in underserved regions [4].
The capital infusion will accelerate RedotPay’s compliance efforts, regulatory licensing, and expansion into emerging markets like Latin America, where its Global Payout feature—launched in June 2025—has gained traction [5]. This service allows users to transfer stablecoins directly to local bank accounts or e-wallets, addressing gaps in traditional banking infrastructure [6]. CEO Michael Gao emphasized the validation of the company’s vision, noting that the investment will strengthen partnerships with banks and payment networks while enhancing regulatory frameworks [7].
RedotPay’s rise reflects intensifying competition in the stablecoin sector, driven by evolving regulations in key jurisdictions [8]. The company’s prior $40 million Series A round in March 2025, led by Lightspeed with participation from HSG and Galaxy Ventures, underscored growing investor confidence in its model [9]. Its strategy to blend digital and traditional finance has positioned it to capitalize on the increasing adoption of stablecoins as a bridge for everyday transactions .
The startup’s focus on compliance and global expansion aligns with broader trends in the crypto industry. RedotPay has secured licenses in China Hong Kong, Europe, and Argentina, with additional applications pending . Its recent launch of crypto-enabled payment cards in South Korea further highlights its ambition to integrate stablecoins into mainstream commerce . Analysts note that RedotPay’s success could signal a shift in how digital assets are adopted, particularly in markets with limited access to traditional banking .
Looking ahead, RedotPay plans to deepen its partnerships with financial institutions and expand its global payment corridors. The company’s emphasis on regulatory alignment and user-friendly technology aims to address concerns around security and accessibility in the crypto space . As stablecoin regulations mature, RedotPay’s ability to navigate compliance while scaling its services may determine its long-term impact on the fintech landscape.
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