About Red Dot Payment
Red Dot Payment is a Technology company based in Singapore (Singapore) founded in 2011, and was acquired by PayU in July 2019. API-linked payment gateway is provided for merchants and institutions. It operates in the Technology and Financial Services sectors. Red Dot Payment has raised $6.2 million across 3 funding rounds from investors including PayU, Wavemaker Partners and GMO Venture Partners. Its website reddotpayment.com draws about 207 thousand monthly visits. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity is RED DOT PAYMENT PTE. LTD. Its competitors include FOMO Pay and 2C2P; 2 of its 2 listed competitors have raised funding.
Company details
Red Dot Payment was founded in 2011 in Singapore. An API-linked payment gateway is operated for merchants and financial institutions within the fintech sector. Online consumer payments and B2B collections are facilitated. Services encompass online invoicing, recurring payments, MOTO transactions, one-click options, and customized solutions. PCI-DSS compliance is upheld across operations based in Singapore.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsTechnologyFinancial Services
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Website reddotpayment.com
- Social LinkedIn X
- Acquired by PayU (Jul 2019)
- Legal Name Red Dot Payment Pte. Ltd.
Funding Insights of Red Dot Payment
Red Dot Payment has successfully raised a total of $6.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.2 million completed in September 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.2M
- Total Rounds 3
- Last Round Series B — $5.2M
- Investors Count 6
All 3 funding rounds of Red Dot Payment with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $5.2M | Series B | – | Dorr Group | |
| Aug 2016 | $1M | Series A | – | MDI Ventures | |
| Sep 2014 | Series A | – | Wavemaker Partners, GMO Venture Partners | – |
7 investors in total: 6 institutional and 1 angel.
Investors in Red Dot Payment
Red Dot Payment has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PayU, Wavemaker Partners and GMO Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech ventures in the US and Asia are funded. | gmo-vp.com | Shibuya, Japan | ||
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States | |
Corporate-backed venture capital is directed toward fintech and cloud sectors. | mdi.vc | Jakarta, Indonesia | ||
Sells luxury supersport vehicles and provides motorsport programs. | 2011 | doerrgroup.com | Frankfurt Am Main, Germany | |
Offers mobile plans, internet services, and promotions for customers in Indonesia. | 1995 | telkomsel.com | Jakarta, Indonesia | |
Online payment processing and credit solutions are provided for businesses. | 2002 | payu.com | Amsterdam, Netherlands | |
TA Toivo Annus | Estonian angel investor, co-founder of Skype, active in Indian startups | unknown_2b432951b1c84a399 |
Investor details for Red Dot Payment
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Red Dot Payment
31 people are tracked at Red Dot Payment (4 in leadership, 27 in team).
| Name | Role | Group |
|---|---|---|
Chien-Ta Wu | Head Of Data | Leadership |
David Owyong | Deputy CEO | Leadership |
Alfred Lee | Chief Technology Officer | Leadership |
Daniel Ong | Regional Head Of Compliance And Privacy | Leadership |
Chelsea Cheong | Sales Lead | Team |
Joan Yang | Data / Software Engineer | Team |
Mahendra Dwicahya | Technical Support | Team |
Pannathach Kongthong | Country Manager | Team |
Shelly Xueqiao Yu | Buesiness Development | Team |
Christie-Faith Tan | Account Management Executive | Team |
Alvin Tanjung Djunaidi | Technical Support Engineer | Team |
Jaycie Yeo | Business Development Executive | Team |
Cheng-Yu Li | Data Engineer | Team |
Kamaludin Khoir | Senior Software Engineer | Team |
Man-Chi Cheung | Data Engineer | Team |
Umar Sidik | Integration Engineer | Team |
Jia-Yuan Jhang | Data Scientist, Data Engineer | Team |
Anon Wibawa Putra | Senior Technical Support Engineer (l2) | Team |
Jasper Goh | Senior Sales Manager | Team |
Tammy Yap | Product Manager | Team |
11 more people are available in the full profile.
Complete people profiles for Red Dot Payment
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of Red Dot Payment
4 dated milestones of Red Dot Payment across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Red Dot Payment is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $5.2M.
- Exit Acquired by PayU.
Competitors of Red Dot Payment
Red Dot Payment has 2 listed competitors in our database, 2 of them funded. They include FOMO Pay and 2C2P.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fomopay.com | 2015 | Singapore | $13M | Diversified payment processing solutions are provided to merchants. | ||
| 2c2p.com | 2003 | Singapore | $85M | Payment processing solutions for businesses |
Detailed competitors of Red Dot Payment
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Red Dot Payment
The website of Red Dot Payment (reddotpayment.com) receives about 207.2K visits a month and ranks #168,368 among all websites worldwide, #5,410 in Restaurants and Delivery.
- Monthly visits207.2K
▼ 18.4% vs previous month
- Unique visitors137.5K
per month
- Global rank#168,368
among all websites
- Category rank#5,410
Food and Drink · Restaurants and Delivery
- Bounce rate24%
- Pages per visit2.8
- Average visit1 min 09 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Red Dot Payment. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
catandthefiddle.com | catandthefiddle.com | 100% | #677,914 | – | |
olehdtv.com | olehdtv.com | 80% | #24,416 | – | |
ticketmaster.sg | ticketmaster.sg | 51% | #44,591 | – | |
| etiqa.com.sg | 50% | #288,553 | View details | ||
| x-cart.com | 50% | 35.1K | #928,065 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Red Dot Payment
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Red Dot Payment
Complete news archive for Red Dot Payment
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Frequently Asked Questions about Red Dot Payment
Red Dot Payment was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Red Dot Payment is headquartered in Singapore, Singapore.
Red Dot Payment is a funded company, having raised a total of $6.2M across 3 funding rounds to date.
Annual revenue of Red Dot Payment is $21.63M as on Mar 31, 2024.
Red Dot Payment was founded in 2011 in Singapore. An API-linked payment gateway is operated for merchants and financial institutions within the fintech sector. Online consumer payments and B2B collections are facilitated. Services encompass online invoicing, recurring payments, MOTO transactions, one-click options, and customized solutions. PCI-DSS compliance is upheld across operations based in Singapore.
Red Dot Payment has 7 investors. Key investors include PayU, Wavemaker Partners, GMO Venture Partners, MDI Ventures, and Dorr Group.
Red Dot Payment operates through Red Dot Payment Pte. Ltd..
Yes. Red Dot Payment was acquired by PayU in July 2019.
The website of Red Dot Payment receives about 207 thousand visits a month and ranks #168,368 among all websites worldwide.