RedotPay Hits Unicorn Status After Major Funding Round

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RedotPay says it reached unicorn valuation after raising $47 million in a strategic round in September.
Backers included Coinbase Ventures, Galaxy Ventures, Vertex Ventures, and an unnamed global tech entrepreneur.

The company has positioned itself as a rapidly expanding fintech player across Africa and Asia — and its Ripple partnership could accelerate cross-border stablecoin adoption in one of the world’s most active crypto markets.

[Nahid Hossen]

Nigeria maintains strong crypto momentum even with regulatory challenges.