Reap Technologies
AcquiredBorderless finance, stablecoin enabled.
Quarry Bay, Hong Kong · Founded 2018 · $40.0M raised
- Headquarters
- Quarry Bay
- Employees
- 201–500
- Founded
- 2018
- Business Model
- B2B
- Website
- reap.hk
- Total Funding
- $40.0M
- Last Round
- $40.0M Series AOct 2022
- Rounds
- 1
- Acquisition Date
- May 2026
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Reap is a Hong Kong-founded global payment technology company that builds stablecoin-powered financial infrastructure to enable borderless money movement for businesses worldwide. Founded in 2018 by Daren Guo (formerly Stripe employee #90) and Kevin Kang, the company provides corporate payment solutions including multicurrency liquidity management, cross-border payments, expense management, and proprietary API tools that allow other businesses to embed payment capabilities into their own platforms. Reap raised $40 million in Series A funding and was named to Forbes Asia's 100 to Watch in 2023; in May 2026 it was acquired by Payward (Kraken).
Summary
Reap Technologies is a Fintech company based in Quarry Bay, Hong Kong, founded in 2018. It has raised $40.0M in total across 1 round, most recently a $40.0M Series A round in Oct 2022. Investors include Acorn Pacific Ventures, Arcadia Funds and HashKey Capital.
Tech & App Stack
8 technologies & apps tracked
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Funding History
May 2026
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Funding: Series A. Amounts, valuations, and investors where available.
Investors
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