Tech Company Financing Transactions
Reap Funding Round
Reap closed a $40 million Series A venture capital round on 10/27/2022. Investors included Acorn Pacific Ventures, Arcadia Funds and HashKey Capital.
Transaction Overview
Company Name
Announced On
10/27/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
Acorn Pacific Ventures (Lead Investor)
Arcadia Funds (Lead Investor)
HashKey Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand into international markets, set up regional hubs and round out management hires throughout Asia, North America and Europe.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Unit 25E, 23/F, One Taikoo Place, 979 King's Road Quarry Bay
Hong Kong, Undisclosed
HK
Hong Kong, Undisclosed
HK
Phone
Undisclosed
Website
Email Address
Overview
Reap is a technology company dedicated to fuelling the ambitions of small businesses. We deliver corporate payment solutions to improve the way small businesses operate today and prepare them for the challenges of tomorrow. Currently, Reap's online payments platform enables small businesses to pay expenses and collect revenue -- to and from anyone, anywhere -- entirely via credit card.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Daren Guo
Co-Founder
Kevin Kang
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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