TechFlow News: On February 27, U.S. fintech startup Dots announced the completion of an $8.9 million Series A funding round, led by DCM with participation from Y Combinator, bringing its total funding to over $14.8 million. Positioned as the payments layer for modern platforms, Dots processes over $150 million in payments monthly and has transferred more than $1.5 billion to over one million freelancers, creators, and contractors worldwide.
Dots achieved over 400% revenue growth last year and expects to reach profitability in 2025. The company has launched new features including a self-serve payments system, cryptocurrency payments (supporting USDC, USDT, Bitcoin, and Ethereum), fraud prevention tools, and global invoice processing. It has also introduced its Dots Core pricing plan at $19 per month.
