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RedotPay profile

Who owns RedotPay?

hybrid · Hong Kong, HK · VASP / MSB / crypto licences · custody: Custodial

short answerRedotPay is regulated as a crypto-asset service (VASP / MSB / crypto licences), not a bank. It is not a deposit-taking institution; how balances are held depends on its custody model (Custodial).

Is RedotPay a licensed bank?

No — it is licensed as a crypto / VASP service, not a bank. Licence detail: Hong Kong MSO, money lender + TCSP licences; VASP (RedotX UAB, Lithuania FCIS); MSB registrations (US/Canada).

Where is your money held?

Custody model: Custodial.

RedotPay runs on: Reap (crypto card infrastructure). Full stack on the infra map.

Who's behind RedotPay?

RedotPay was founded by Michael Gao (2023), headquartered in Hong Kong, HK.

Is my money safe with RedotPay?

RedotPay is not a bank, so deposit-guarantee schemes do not apply. Crypto and cash balances are handled under its VASP/e-money obligations — check its terms for exactly how client assets are segregated and safeguarded.

go deeperSee the full RedotPay profile with every verified field, or RedotPay alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.