Fintech Reap Expands Hong Kong Headquarters to Drive Stablecoin Payment Solutions

Reap, a fintech platform enabling stablecoin-based business payments, announced Tuesday it is expanding its global headquarters in Hong Kong with a new 10,000 square foot office in Quarry Bay as the company capitalizes on regulatory clarity around digital assets.

The Hong Kong-based company, which provides stablecoin-enabled infrastructure for corporate payments and treasury management, said it achieved profitability in 2025 and is on track to grow processing volumes sixfold from 2024 levels. The platform's transaction volumes increased eightfold between 2021 and the end of 2023.

Reap's client roster includes major crypto firms such as Animoca Brands, Trust Wallet, Coinmarketcap, and Amber Group.

"Hong Kong's financial infrastructure is uniquely built for interoperability between traditional and digital asset ecosystems, providing a strong foundation for real world innovation," said Daren Guo, co-founder of Reap, in a statement on Wednesday.

"As stablecoins become embedded in mainstream financial operations, locating our headquarters in Hong Kong offers us both the clarity and connectivity to accelerate our global expansion," Guo said.

The company cited Hong Kong's position as the world's fourth-largest foreign exchange hub, with over $660 billion in average daily turnover and its hosting of more than 70 of the world's 100 largest banks, as key factors in the expansion decision.

Reap's core product, Reap Direct, integrates stablecoin-enabled corporate cards, cross-border payments, and expense management across both fiat and digital asset infrastructure. The platform includes multi-user permissions, approval workflows, and reporting tools designed to help businesses manage treasuries more efficiently.

Expansion Plans

In 2026, Reap plans to expand treasury management capabilities to help businesses optimize financial operations across multiple entities at scale. The company also offers a card issuance platform enabling businesses to launch white-labeled credit cards through an API system, alongside payment infrastructure for automating cross-border payouts.

The fintech is integrating artificial intelligence throughout its operations, with teams using AI to compress development cycles and optimize workflows. Reap is developing AI-powered expense management systems that automate card issuance, match receipts to transactions in real-time, flag anomalies, and streamline bookkeeping processes.

The company increased its Hong Kong headcount by 58% from the start of 2025 through September and plans to use the city as a springboard for expansion into Asia, Africa, and Latin America markets.

The expansion has been supported by Invest Hong Kong and Cyberport as part of efforts to develop the city's fintech and Web3 ecosystem. Hong Kong recently became one of the first jurisdictions globally to provide regulatory oversight for fiat-referenced stablecoins, creating clarity for companies building payment infrastructure around digital assets.

Last month, Reap secured a Major Payment Institution (MPI) license in Singapore, enabling the company to offer regulated payment services across the city-state. Reap Singapore said it plans to increase headcount by 50% this year.