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Salina Li

Reap, a Hong Kong-based fintech company that provides services through stablecoin-enabled infrastructure, has opened its 10,000 sq ft headquarters in Quarry Bay as part of its global expansion strategy.
Founded in 2018 as part of Cyberport’s incubation programme, Reap chose Hong Kong as the base for its global expansion to capitalise on cross-border payment opportunities. “Few cities in the world offer this combination of deep multi-currency liquidity, regulatory clarity and global market connectivity,” the company said on Wednesday.
It will maintain twin bases – Hong Kong as global hub and Singapore as Southeast Asia hub. “Hong Kong remains core to our global operations and long-term strategy,” said Kevin Kang, co-founder of Reap.
The company said Hong Kong was one of the few financial centres globally where multiple major currencies were traded at scale.

“This presents strong multi-currency liquidity advantages over other markets, where Hong Kong is uniquely positioned for fiat, licensed stablecoins, and tokenised assets to operate side by side,” Reap said. “This reinforces the city’s status as a global financial hub and establishes it as a leading infrastructure node for the next wave of global money movement.”
The company said it was committed to leveraging its Hong Kong office as a strategic hub for pursuing international expansion in Asia, Africa and Latin America, where demand for cross-border financial infrastructure continued to accelerate.
Since the start of the year, Reap had grown its Hong Kong team headcount by 58 per cent, it said.
“Reap’s decision to locate its global headquarters in Hong Kong underlines the city’s value as a gateway to the Asia-Pacific region as well as its leading position in global fintech offerings,” said Arnold Lau, associate director-general of investment promotion at InvestHK.
With recent regulatory developments and rising market confidence in the adoption of stablecoins, Reap said it planned to drive new offerings from its Hong Kong headquarters. Since 2021, the company had built a comprehensive platform integrating cards and payments with treasury and expense management, it added.
The city rolled out one of the world’s most stringent stablecoin regimes and launched the application process for potential issuers in late July, part of a broader effort to be a leading digital-asset hub connected to China’s vast economy. The framework aims to ensure a prudent approach to the issuance of stablecoins – cryptocurrencies backed by fiat currencies or other reserve assets.
By the end of 2023, Reap had grown its payment processing volumes eightfold over two years. In 2025, the company achieved profitability and was on track to grow another sixfold in processing volumes compared with 2024 levels, it said.
Reap raised US$40 million in series A funding in 2022, backed by investors including Acorn Pacific Ventures, Arcadia Funds and HashKey Capital, the company said.


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Start-up chooses Hong Kong as its global base, citing stablecoin regulatory clarity and strategic connectivity


Start-up chooses Hong Kong as its global base, citing stablecoin regulatory clarity and strategic connectivity.


Hong Kong headquarters to anchor fintech firm Reap’s global stablecoin-powered expansion

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Start-up chooses Hong Kong as its global base, citing stablecoin regulatory clarity and strategic connectivity

Start-up chooses Hong Kong as its global base, citing stablecoin regulatory clarity and strategic connectivity