Overview
- Goodwater Capital led the oversubscribed round with Pantera Capital, Blockchain Capital and Circle Ventures participating, with continued backing from HSG.
- The new financing brings RedotPay’s 2025 capital raised to $194 million as the company pushes expansion across more than 100 markets.
- RedotPay reports over 6 million users, more than $10 billion in annualized payment volume and over $150 million in annualized revenue.
- Management says payment volume nearly tripled year over year in 2025, with more than 3 million users added through November.
- Proceeds will fund geographic expansion, licensing and compliance scale-up, strategic acquisitions and growth of its card, multi-currency accounts and global payout rails, including crypto-to-fiat transfers in Brazil via Circle’s network.