Cryptocurrency Payment Platform RedotPay Completes $40 Million Series A Funding Round, Led by Lightspeed

Blockbeats
03-14

BlockBeats News, March 14th, according to an official announcement, the crypto payment platform RedotPay has announced the completion of a $40 million Series A financing round. This round of financing was led by Lightspeed, with participation from HSG, Galaxy Ventures, DST Global Partners, Accel, Vertex Ventures, Sequoia China, among others. This financing will be used to accelerate the expansion of the global crypto payment solution.

RedotPay, founded in April 2023, has already grown to over 3 million users, providing seamless cryptocurrency payment and fiat currency conversion services, dedicated to offering financial services to the unbanked population.

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