Reap Expands Hong Kong HQ, Spearheads Stablecoin Payments

Reap Expands Hong Kong Global Headquarters, Drives Stablecoin Payment Solutions

Reap, a global fintech platform pioneering stablecoin-enabled financial infrastructure, has announced the expansion of its global headquarters in Hong Kong. This strategic expansion comes with the unveiling of a new 10,014 square foot office in Quarry Bay, a move designed to capitalize on regulatory clarity surrounding digital assets and cement Hong Kong's position as a leading Web3 hub.

Strategic Expansion And Significant Growth

Founded in Hong Kong in 2018 and supported by Cyberport's incubation program and InvestHK, Reap has rapidly established itself as a frontrunner in corporate payments and treasury management. The new headquarters expansion not only underscores Reap's commitment to Hong Kong but also provides a robust foundation for the company's global growth strategy.

The company has witnessed remarkable growth in payment processing volumes, surging eightfold from 2021 to the end of 2023. Building on this momentum, Reap achieved profitability in 2025 and projects a further sixfold increase in processing volumes compared to 2024 levels. To support this expansion, Reap has boosted its Hong Kong team headcount by 58% from the start of 2025 through September, while also planning a 50% headcount increase in Singapore, where it secured a critical Major Payment Institution (MPI) license.

Hong Kong: A Strategic Hub For Fintech Innovation

Kevin Kang and Daren Guo, co-founders of Reap, have highlighted Hong Kong's strategic importance. The city is lauded for its deep multi-currency liquidity, regulatory clarity, and global market connectivity. Hong Kong's environment uniquely allows for fiat, licensed stablecoins, and tokenized assets to operate side-by-side, creating a unique foundation for financial innovation. The city's rollout of one of the world's most stringent stablecoin regimes and the launch of the application process for potential issuers in late July further solidifies its status as a premier digital-asset hub.

Reap will maintain Hong Kong as its global hub and Singapore as its Southeast Asia hub, leveraging the distinct advantages of each location to serve its clientele worldwide.

Comprehensive Stablecoin-Powered And AI-Driven Solutions

Since 2021, Reap has built a comprehensive platform integrating cards, payments, treasury, and expense management. Their flagship product, Reap Direct, integrates both fiat and stablecoin infrastructure to offer corporate cards, cross-border payments, and expense management with built-in controls and reporting tools. The platform supports features like multi-user permissions and approval workflows, empowering businesses to manage their treasuries more efficiently.

In a forward-looking move, Reap is integrating artificial intelligence (AI) throughout its operations to optimize development cycles and workflows. The company is developing AI-powered expense management systems that automate card issuance, match receipts to transactions, flag anomalies, and streamline bookkeeping processes. Furthermore, Reap plans to expand its treasury management capabilities in 2026 to support multi-entity operations and capital efficiency.

Global Market Expansion And Strategic Partnerships

Reap is leveraging its Hong Kong base as a springboard for expansion into rapidly growing markets across Asia, Africa, and Latin America, where demand for cross-border financial infrastructure continues to accelerate. Specific plans include commencing full commercial operations in Mexico by early 2026 and establishing a local team in Brazil, where the company is applying for a business license. Reap also counts prominent clients such as Animoca Brands, Trust Wallet, CoinMarketCap, and Amber Group.

Reap's expansion is further bolstered by strategic partnerships. Notably, an expanded collaboration with Thredd, a London-based payments processor, enables Reap to offer stablecoin-enabled physical and virtual card programs and facilitates its expansion into the US and Latin America. This partnership has allowed Reap to scale from processing thousands of card transactions monthly to millions.

Conclusion

Reap's expansion of its Hong Kong headquarters marks a pivotal milestone, not only solidifying its commitment to the region but also making a strong statement about the role of stablecoins and blockchain technology in shaping the future of global finance. With a solid foundation of profitability, robust growth, and an ambitious expansion roadmap, Reap is positioning itself as a leader in the new era of digital payments and corporate financial management.

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