RedotPay delays US IPO plans amid regulatory hurdles

RedotPay had a fairly ambitious timeline on the calendar: a US IPO in 2026, a potential valuation north of $4 billion, and a New York listing that could raise upwards of $1 billion. That timeline has now slipped, pushed to 2027 at the earliest, as the company works through regulatory approvals and unresolved legal matters in multiple countries. Bloomberg reported the delay on August 14, 2026, citing the complexity of compliance work required before a licensed payments company can take that kind of step in the US market. What RedotPay actually is RedotPay is a Hong Kong-based fintech that focuses on stablecoin-powered payments, essentially letting users spend digital dollars the way they would spend fiat currency across borders. The company has grown quickly. It counts over 8 million users spread across more than 100 countries, and its annualized payment volume has reached $12 billion. RedotPay crossed the unicorn threshold in 2024 and 2025 and raised $194 million in funding rounds during 2025 alone. Its backers include JPMorgan, Goldman Sachs, Jefferies, and Circle. The regulatory maze slowing things down RedotPay holds a Virtual Asset Service Provider license in Argentina and Mone...