I noticed an interesting point in the news about American fintech. The startup Dots just closed a Series A round of $8.9 million, led by DCM, with Y Combinator also participating. Overall, they raised over $14.8 million.

What's interesting is that Dots is building payment infrastructure for freelancers, creatives, and contractors. They process over $150 million through their system every month, and have paid out more than $1.5 billion to people worldwide. Not bad for a payment layer.

I paid attention to their numbers — revenue grew by more than 400% over the past year, and they say they will reach profitability by 2025. Plus, they are actively developing features: added a self-service payment system with tax reporting, launched support for crypto payments via USDC, USDT, Bitcoin, and Ethereum. They also have tools against fraud and global invoice processing.

Interestingly, Dots already works with serious clients — Appen, Sofar Sounds, Cluely. They position themselves as a solution to simplify international payments, and judging by their growth rate, they are succeeding. The new price point for Dots Core at $19 per month seems quite affordable for small businesses. It’s worth keeping an eye on this player.