RedotPay, a Hong Kong-based fintech company, has raised $100 million in a Series B funding round. According to reports, the company plans to use the funds to expand its stablecoin payment services globally. The company cites increasing demand for its stablecoin-powered cards and cross-border payout solutions as it broadens its payment services beyond crypto trading. The funding will likely support the further development and scaling of RedotPay's platform to meet the growing needs of users seeking stablecoin-based payment options.

RedotPay, a Hong Kong-based fintech company, has raised $100 million in a Series B funding round. According to reports, the company plans to use the funds to expand its stablecoin payment services globally. The company cites increasing demand for its stablecoin-powered cards and cross-border payout solutions as it broadens its payment services beyond crypto trading. The funding will likely support the further development and scaling of RedotPay's platform to meet the growing needs of users seeking stablecoin-based payment options.