Stablecoin payments company RedotPay says it has become a fintech unicorn after a $47 million funding round involving Coinbase Ventures, Galaxy Ventures and Vertex Ventures.
RedotPay's global payments service, launched in June 2025, allows users to send cryptocurrency directly to their local bank account or e-wallet, and is already thriving in underserved regions, including Latin America. In May, RedotPay launched crypto-enabled payment cards in South Korea, allowing users to shop at any Visa-backed merchant.
Cryptocurrency payments firm RedotPay secures $47 million in funding
2025-09-25 08:10:10
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