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RedotPay

Room 5710, 57/F, The Center, 99 Queen's Road Central, Central, Hong Kong Island, Hong Kong

Overview

RedotPay operates payment infrastructure focused on stablecoin transactions and claims to have processed a total payment volume exceeding $10 billion as of December 2025, with roughly 300% year‑over‑year growth. The company has positioned itself as an institutional-grade payments rail and is pursuing a U.S. IPO to transition from a regional crypto player to a global payments entrant. In 2025 it raised $194 million in prior financing rounds and counts Coinbase Ventures, Circle Ventures and Blockchain Capital among its investors. Management describes the business as generating robust cash flows, but public reporting highlights governance challenges, including the departure of at least five senior executives and the absence of a CFO. RedotPay is negotiating up to $150 million of fresh capital to bolster its balance sheet and strengthen its IPO readiness; closing the round and hiring experienced financial leadership were identified as key near‑term priorities.

Total raised
$344M
Funding rounds
4
Latest round
Equity
Latest activity
Mar 2026

Industries

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • FinTech
  • Payments
Visit website

Recent funding

  1. Equity

    Mar 2026

    $150M

  2. Series B

    Dec 2025

    $107M

  3. Equity

    Sep 2025

    $47M

  4. Series A

    Mar 2025

    $40M

Team

  • Michael Gao

    Co-Founder and CEO

    LinkedIn
  • Jonathan Chan

    Co-Founder and Head of Partnership

    LinkedIn