TechFlow News, September 25 — According to Cointelegraph, stablecoin payment company RedotPay announced a $47 million strategic investment round, bringing its valuation to $1 billion.
The funding round included participation from Coinbase Ventures, with continued support from Galaxy Ventures and Vertex Ventures, as well as an unnamed global tech entrepreneur. To date, RedotPay has raised nearly $90 million in total funding.
The company’s global payment service, launched in June 2025, allows users to send cryptocurrencies directly to local bank accounts or e-wallets and is gaining traction in underserved regions such as Latin America. Currently licensed in its Hong Kong headquarters and satellite operations in Europe and Argentina, RedotPay is applying for additional licenses worldwide.
