Reap Raises Us$ 40 Million Investment In Their Series A Funding, Eyes Rapid Expansion Into Global Markets Leveraging Its Industry Leading Reap Card Platform
Amount Raised
$40 Million
Round Type
Series A
ChinaFinancial ServicesSoftwareFinanceFintechDescription
Reap, a fintech company powering global financial transactions through the industry first Reap Visa Corporate Card ("Reap Card") platform, today announces a US$ 40 million Series A investment round led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital through a combination of equity and debt financing. Hustle Fund, Fresco Capital, Abacus Ventures also invested as returning investors in this round, joined by Payment Asia as a co-investor.
Quick answer
Reap Technologies Holdings Limited raised $40 Million in a Series A round, dated October 27, 2022. Reap Technologies Holdings Limited is based in China.
- How much did Reap Technologies Holdings Limited raise?
- Reap Technologies Holdings Limited raised $40 Million in a Series A round on October 27, 2022.
- What does Reap Technologies Holdings Limited do?
- Reap Technologies Holdings Limited is a leading stablecoin-native, card issuing, and payments infrastructure company that facilitates global money movement.
- Where is Reap Technologies Holdings Limited based and how big is it?
- Reap Technologies Holdings Limited is based in China. Fundz records about 272 employees.
- Who are the decision-makers at Reap Technologies Holdings Limited?
- Fundz holds 2 contacts at Reap Technologies Holdings Limited, including the Chief People Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Reap Technologies Holdings Limited that raised within 45 days of this round, from Fundz verified event records.
- Bitwave raised $15M (Series A) on December 6, 2022.
- Streamex Corp. raised $1.5M (Seed) on November 18, 2022.
- Regional Management raised $200M (Funding Round) on October 20, 2022.
- Signzy raised $26M (Funding Round) on September 26, 2022.
- Uplinq raised $5.6M (Seed) on December 8, 2022.
- Navan raised $400M (Debt Financing) on December 8, 2022.
Who to call at Reap Technologies Holdings Limited, and when
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- An alert the day Reap Technologies Holdings Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Reap Technologies Holdings Limited, from your own LinkedIn network
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Funding Insights
What this usually meansReap Technologies Holdings Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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