RedotPay Pushes Back US IPO Timeline Due to Compliance Hurdles
TL;DR: RedotPay delayed its U.S. IPO while seeking regulatory approvals and facing a $473 million lawsuit filed by Binance affiliates. The company obtained a money transmitter
RedotPay (Latest Publications)
Binance Seeks $473M From RedotPay in New Lawsuit
TL;DR Legal Action: Binance-affiliated firms accuse RedotPay of diverting over 470,000 users from the Binance Card program, seeking $472.8 million in damages. Contract Dispute: The lawsuit
Crypto Cards: Paymentscan reports massive $36.82 million spending in one day
TL;DR Crypto payment cards recorded a record daily volume of $36.82 million on July 20, according to data from Paymentscan. KAST led the day with approximately
RedotPay Taps OpenPayd for Stablecoin Payments
RedotPay said on June 30, 2026, that it selected OpenPayd to strengthen treasury operations, multi-currency payments and cross-border remittances for customers worldwide. The partnership makes stablecoin
RedotPay Restructures Teams Amid Reports of Executive Departures and China‑Linked Pressures
TL;DR Leadership: Bloomberg reported senior departures at RedotPay, including compliance chiefs, as the company explores raising up to $150 million. Company Position: RedotPay said team consolidation
RedotPay Raises $107M Series B as Stablecoin Users Hit 6M
RedotPay recently closed a $107 million Series B funding round, led by Goodwater Capital and supported by firms such as Pantera and Circle Ventures. According to
RedotPay Taps Ripple to Power “Send Crypto, Receive NGN” Cashouts in Nigeria
TL;DR RedotPay partners with Ripple to allow Nigerian users to convert cryptocurrencies into naira and receive funds directly in local bank accounts within minutes. The platform
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