About Reap
Reap is a Travel & Hospitality company based in Hong Kong (China) founded in 2010 by Daren Guo and Kevin Kang. Global financial infrastructure is provided powered by stablecoins. It operates on a FinTech and API-as-a-Product model in Travel & Hospitality, Technology, and Financial Services sectors. Reap has raised $45.69 million across 3 funding rounds from investors including HashKey Exchange, ABACUS VENTURE and Acorn Pacific Ventures. Its website reap.global draws about 90 thousand monthly visits. Reap offers products and services including Reap Direct, Corporate Cards, Payments, Card Issuing, and Payment API. Its focus areas include FinTech and Digital Payments. Its legal entity is Reap Technologies Limited.
Company details
A global financial infrastructure is developed by Reap, focusing on stablecoin-powered solutions for seamless cross-border transactions. Services are offered to crypto-native businesses, neobanks, fintechs, and emerging market enterprises. Corporate cards, payment APIs, and business accounts are provided to integrate fiat and stablecoin operations. The company operates in the financial technology sector, emphasizing security with PCI compliance and regulatory licensing in regions like Hong Kong and Mexico. Tools for real-time risk detection are integrated to ensure compliance and scalability.
- Headquarters Hong Kong, China
- Founders Daren Guo, Kevin Kang
- Stage Acquired
- SectorsTravel & HospitalityTechnology Financial Services
- Email••••••••
- Phone•••• ••••
- Website reap.global
- Social LinkedIn X Facebook Instagram
- Legal Name Reap Technologies Limited
- Total Equity Funding$45.69M (USD)
in 3 rounds
- Latest Funding Round$40M (USD), Series A
Oct 2022
- InvestorsHashKey Exchange
& 12 more
Products & Services of Reap
Reap offers a comprehensive portfolio of products and services, including Reap Direct, Corporate Cards, Payments, Card Issuing, and Payment API.
Business accounts are provided for stablecoin-enabled companies.
Corporate credit cards are offered with stablecoin repayment.
Cross-border payments are facilitated using stablecoin technology.
Card programs are enabled for digital asset spending.
Global fiat payouts are automated using stablecoin infrastructure.
Apps and channels of Reap
Reap publishes 2 mobile apps with over 1K+ downloads.
Funding Insights of Reap
Reap has successfully raised a total of $45.69M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $40 million completed in October 2022. 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 $45.69M
- Total Rounds 3
- Last Round Series A — $40M
- Investors Count 12
All 3 funding rounds of Reap 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 |
|---|---|---|---|---|---|
| Oct 2022 | $40M | Series A | – | Acorn Pacific Ventures, HashKey | |
| Jul 2020 | $5.69M | Series A | – | – | |
| Jul 2019 | Seed | – | Fresco Capital |
12 investors in total: 12 institutional.
Investors in Reap
Reap has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include HashKey Exchange, ABACUS VENTURE and Acorn Pacific Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in technology-driven companies by Acorn Pacific Ventures. | acornpacific.ventures | San Mateo, United States | ||
Seed-stage startups are funded by this venture capital firm. | hustlefund.vc | San Carlos, United States | ||
Investments are made by Fresco Capital in seed-stage startups. | fresco.vc | Earth, United States | ||
Investments are made by K3 Ventures in early-stage technology startups. | k3ventures.com | Singapore, Singapore | ||
Tech startups are funded by Oyster Ventures venture capital firm. | oyster.vc | San Francisco, United States | ||
Venture capital firm backed by Bertelsmann | baifund.com | Chaoyang, China | ||
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
A platform for safe and simple cryptocurrency trading is provided. | 2018 | hashkey.com | Hong Kong, China | |
Manages real estate investments with research-based strategies for institutional investors. | 2002 | arcadiafm.com.au | Sydney, Australia |
Investor details for Reap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Reap
2 people are tracked at Reap (2 in leadership).
| Name | Role | Group |
|---|---|---|
Daren Guo | Co-Founder | Leadership |
Kevin Kang | Co-Founder | Leadership |
Complete people profiles for Reap
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Reap
3 dated milestones of Reap across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Reap is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $40.0M.
Web traffic of Reap
The website of Reap (reap.global) receives about 90.2K visits a month.
- Monthly visits90.2K
▼ 3.3% vs previous month
Websites whose visitors overlap most with Reap. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| worldpay.com | 100% | 5.6M | #10,469 | View details | |
| pagos.ai | 67% | 18.8K | #1,522,629 | View details | |
corporateprepaidgiftcards.com.au | corporateprepaidgiftcards.com.au | 66% | #2,195,792 | – | |
| myzeller.com | 60% | 124.6K | #198,070 | View details | |
| aspireapp.com | 60% | 318.8K | #145,013 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Reap
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 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 Reap
Complete news archive for Reap
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Frequently Asked Questions about Reap
Reap was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Reap is headquartered in Hong Kong, China.
Reap is a funded company, having raised a total of $45.69M across 3 funding rounds to date.
A global financial infrastructure is developed by Reap, focusing on stablecoin-powered solutions for seamless cross-border transactions. Services are offered to crypto-native businesses, neobanks, fintechs, and emerging market enterprises. Corporate cards, payment APIs, and business accounts are provided to integrate fiat and stablecoin operations. The company operates in the financial technology sector, emphasizing security with PCI compliance and regulatory licensing in regions like Hong Kong and Mexico. Tools for real-time risk detection are integrated to ensure compliance and scalability.
Reap offers Reap Direct, Corporate Cards, Payments, Card Issuing, and Payment API.
Reap has 12 investors. Key investors include HashKey Exchange, ABACUS VENTURE, Acorn Pacific Ventures, Arcadia Funds Management, and Hustle Fund.
Reap operates through Reap Technologies Limited.
Yes. Reap publishes Reap Global and 1 more app, with over 1,000 downloads.