RedotPay Secures 47 Million to Reach Unicorn Status
Crypto payments firm RedotPay has closed a 47 million funding round, claiming unicorn status with a valuation above 1 billion.
The round saw participation from Coinbase Ventures, alongside existing investors Galaxy Ventures and Vertex Ventures. An undisclosed global tech entrepreneur also joined the round, according to RedotPays announcement.
For RedotPay, the milestone signals strong investor confidence in its payments model, which focuses on stablecoin-powered services.
