Hong Kong crypto payment firm RedotPay wraps 40 million USD Series A funding round

RedotPay, based in Hong Kong, concluded a 40 million USD Series A funding round led by Lightspeed. The company enhances the use of cryptocurrency in daily transactions and launched Visa cards compatible with Solana and Arbitrum.

The firm has partnered with StraitX and Visa to advance crypto payment options in Singapore. However, there are concerns regarding restricted services for users located outside Hong Kong.

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