Circle, Figure and Ripple drive $6.2 billion payments funding boom in 2025

In 2025, payment companies secured $6.2 billion in funding, surging from $540 million in 2024 as investors backed blockchain-based settlement infrastructure. Circle's $1.05 billion June IPO at a valuation of $8.06 billion, alongside major raises by Figure, Ripple, Tempo and Rapyd, accounted for over half of the total. Additional late-year rounds, including RedotPay's $107 million Series B, highlighted strong demand for stablecoin payment platforms and related networks.