RedotPay Surpasses 9 Million Users Ahead of Potential US IPO

HIGHLIGHTS RedotPay announces that its platform has surpassed 9 million users, without disclosing how many use its crypto-linked cards. The company reports $12 billion in annualized payment volume on its website and offers stablecoin payments, transfers and other digital-asset services. RedotPay is reportedly considering a confidential US IPO filing and a pre-IPO funding round at a $4 billion to $5 billion valuation. RedotPay, the stablecoin payments platform offering crypto-linked cards, has crossed 9 million users as it reportedly considers a US initial public offering (IPO).