Overview
- RedotPay has begun discussions to raise up to $150 million in pre-IPO financing as it advances a U.S. listing that could value the firm at more than $4 billion.
- The company has not set an offering timeline, and the talks follow $194 million raised in September and December 2025 from Coinbase Ventures, Circle Ventures and Blockchain Capital.
- Investor materials show annualized payment volume topped $10 billion in December 2025, revenue doubled to $158 million, and users exceed 6 million across more than 100 countries.
- Recent reporting cites at least five senior departures within a year, a vacant chief financial officer role, and accounts of prolonged late work hours.
- RedotPay’s core product is a stablecoin wallet with a Visa-linked card for spending, remittances and yield features, and the Hong Kong-based firm says it does not serve mainland China.