Back to Projects
RedotPay
RedotPay is a Hong Kong-based stablecoin payment fintech enabling global crypto-to-fiat transactions through cards, wallets, and payout infrastructure. Founded in 2023 by Michael Gao and Jonathan Chan, the platform serves over six million users across 100+ markets, processing $10 billion in annualized payment volume while generating $150 million in annual revenue profitably. RedotPay bridges traditional finance and digital assets through stablecoin-based cards for global spending, payout rails for cross-border transfers, multi-currency wallet accounts, and a P2P marketplace. The company holds MSO license in Hong Kong and VASP registration in Lithuania, targeting financial inclusion for unbanked populations and crypto enthusiasts globally.
Category: Wallet
RedotPay
Funding Rounds
Funding Round: Series B
Funding Date: 16 Dec, 2025
Raised Amount: $107M
Funding Round: Series B
Funding Date: 1 Dec, 2025
Raised Amount: $107M
Funding Round: Strategic
Funding Date: 24 Sep, 2025
Raised Amount: $47M
Funding Round: Strategic
Funding Date: 1 Sep, 2025
Raised Amount: $47M
Funding Round: Series A
Funding Date: 14 Mar, 2025
Raised Amount: $40M
Funding Round: Series A
Funding Date: 1 Mar, 2025
Raised Amount: $40M