RedotPay
RedotPay is a Hong Kong-based stablecoin payment fintech enabling global crypto-to-fiat transactions through cards, wallets, and payout infrastructure. Founded in 2023 by Michael Gao and Jonathan Chan, the platform serves over six million users across 100+ markets, processing $10 billion in annualized payment volume while generating $150 million in annual revenue profitably. RedotPay bridges traditional finance and digital assets through stablecoin-based cards for global spending, payout rails for cross-border transfers, multi-currency wallet accounts, and a P2P marketplace. The company holds MSO license in Hong Kong and VASP registration in Lithuania, targeting financial inclusion for unbanked populations and crypto enthusiasts globally.
Overview
RedotPay is a Hong Kong-based stablecoin payment fintech enabling global crypto-to-fiat transactions through cards, wallets, and payout infrastructure. Founded in 2023 by Michael Gao and Jonathan Chan, the platform serves over six million users across 100+ markets, processing $10 billion in annualized payment volume while generating $150 million in annual revenue profitably. RedotPay bridges traditional finance and digital assets through stablecoin-based cards for global spending, payout rails for cross-border transfers, multi-currency wallet accounts, and a P2P marketplace. The company holds MSO license in Hong Kong and VASP registration in Lithuania, targeting financial inclusion for unbanked populations and crypto enthusiasts globally.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
3 disclosed rounds- Series B
107,000,000 USD
- Strategic
47,000,000 USD
- Series A
40,000,000 USD
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