# RedotPay US IPO preparations

> Live situation record from CLSTR: https://clstr.news/situations/redotpay-us-ipo-preparations
> Updated: 2026-10-27T04:45:01.000Z. Sources: 5. Developments: 2.

Hong Kong-based fintech company RedotPay is advancing preparations for a potential initial public offering (IPO) in the United States. Following the completion of financial audits and reviews of its anti-money laundering and counter-terrorist financing controls, the company is reportedly considering a confidential filing for the IPO by the end of 2026.

RedotPay, which specializes in stablecoin-powered payments, has reported a user base between 8 million and 9 million. The company is also in discussions regarding a pre-IPO funding round that could value the firm between $4 billion and $5 billion. 

The listing process has faced delays due to regulatory hurdles and ongoing litigation. RedotPay is currently defending against a lawsuit from entities affiliated with Binance seeking approximately $473 million in damages, alleging the use of confidential information to build a competing business. RedotPay has described these claims as “baseless” and stated it will vigorously defend itself.

## Timeline

### 2026-10-27: RedotPay considers confidential US IPO filing by year-end

Hong Kong-based RedotPay is reportedly considering a confidential US IPO filing by late 2026, with a potential valuation between $4 billion and $5 billion.

5 sources. https://clstr.news/cluster/redotpay-considers-confidential-us-ipo-filing-by-year-end

### 2026-09-28: RedotPay completes audits amid plans for US IPO

Hong Kong fintech RedotPay has completed financial audits as it prepares for a US IPO, despite delays caused by regulatory hurdles and a $473 million lawsuit from Binance-affiliated entities.

4 sources. https://clstr.news/cluster/redotpay-completes-audits-amid-plans-for-us-ipo

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Cite as: RedotPay US IPO preparations. CLSTR, https://clstr.news/situations/redotpay-us-ipo-preparations