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Red Dot Technology Ltd. (RedotPay) is expanding its cross-border payment services, having recently secured $40 million in Series A funding, aiming to enhance payment access and reduce costs for users.

PRIVATEAug 17, 2026•about 4 hours ago

Amount Raised

$40 Million

Round Type

Series A

Hong KongFinancial ServicesFinanceFintechBlockchainCryptocurrency

Description

RedotPay focuses on using stablecoins to improve cross-border payments. The company's platform enables users to deposit stablecoins and link them to a card for instant transactions. Targeting remittance costs and accessibility, RedotPay is actively expanding its services globally. Founded in 2023, it already has a presence in over 100 markets.

Company Information

Company

RedotPay

Location

287 Queen's Rd Central

Hong Kong, Hong Kong, Hong Kong

About

RedotPay is a fast-growing crypto payment company headquartered in Hong Kong. The company aims to enable crypto users to utilize cryptocurrencies in daily transactions akin to fiat currencies while reducing transaction costs through blockchain technology. RedotPay helps the unbanked gain access to financial services, promoting greater financial inclusion and economic prosperity. Since its inception, it has established a robust platform enabling seamless transactions across numerous merchants globally.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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