Reap, a global fintech company that enables access for businesses worldwide through stablecoin-enabled infrastructure, announced the expansion of its global headquarters and new office opening in Hong Kong on Wednesday (November 5).
Founded in Hong Kong in 2018 and supported by InvestHK and Cyberport, Reap’s new office spans an area of 10,014 sq ft and is located in Quarry Bay.
Kevin Kang, co-founder of Reap, emphasized the strategic choice of Hong Kong as the base for their global expansion, citing its rich multicurrency liquidity, regulatory clarity, and vibrant market creativity at the Grand Opening.
He highlighted Hong Kong’s unique position for fiat, licensed stablecoins, and tokenised assets to operate side by side, reinforcing its status as a global financial hub.
"The city'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.
With more than 250 employees globally, Reap Direct is a platform that operates across both fiat and stablecoin infrastructure, integrating stablecoin-enabled corporate cards, cross-border payments, and expense management with built-in expense controls like multi-user permissions, approval flows, and advanced reporting.
The growing company is set to expand into Asia, Africa and Latin America, with full commercial operations expected to commence in Mexico by early 2026. A local team has also been hired in Brazil, where the company is applying for a business license.
It was also revealed that Reap has numerous upcoming partnerships that will be further announced in the following six months. Meanwhile, plans for expansion in Mainland China are still under consideration.
