Reap is a Hong Kong-headquartered fintech operating a global financial infrastructure platform powered by stablecoins. Its API-driven stack combines card networks, traditional finance rails and stablecoin settlement, supporting corporate card issuing, cross-border B2B payouts, treasury management and embedded finance for businesses across Asia, Africa, Latin America, North America and Europe. Founded in 2018 by Daren Guo, an early Stripe APAC employee, and former investment banker Kevin Kang, Reap employs about 300 people. Payward, parent of crypto exchange Kraken, completed its acquisition of Reap on 1 July 2026; Reap continues as a standalone brand and Guo still leads it.
Reap has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2018
Employees
201–500
Total Funding
$45M
2 rounds
Payward (Kraken parent) completed its acquisition of Reap Technologies Holdings; deal announced in May 2026 at up to $600M in cash and stock
Exit completed; no further secondary pricing expected
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $45M across 2 rounds
Last updated 10-10-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 28, 2022 | Series A Press release | $40M | — | Acorn Pacific Ventures, Arcadia Funds, HashKey Capital |
| Jul 14, 2020 | Seed | $5M | — | Not disclosed |
Daren Guo
Co-Founder & CEO
Kevin Kang
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Airwallex
Global payments and financial platform offering multi-currency accounts, international transfers, expense management and card issuance for cross-border businesses.
Nium
Global B2B payments infrastructure provider offering multi-currency accounts, card issuance and cross-border payouts via API.
Rapyd
Fintech-as-a-service platform delivering payments, card issuing and payouts across global markets via a unified API.
BVNK
Stablecoin-focused B2B payments infrastructure provider enabling businesses to accept, convert and send digital-asset and fiat payments globally.
Brex
Spend-management fintech providing corporate cards, expense management and treasury for global businesses.
Ramp
US corporate card and spend-management platform offering automated expense controls, bill pay and procurement for businesses.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.