Reap is an online platform letting SMEs to pay all operating expenses such as rent, salaries, and suppliers with credit card, so that they can gain instant access to capital and immediately improve operational cash flow or working capital for up to 60 days.
Reap has chosen to invest in Hong Kong because of its enriched and growing SME ecosystem. Due to their vibrant multicultural upbringings and history of international trade, SMEs are unique and inherently more global in nature. The company hopes to enable growth for these SMEs by providing easy access to credit and a more digital, streamlined payment management experience. Hong Kong will be Reap’s headquarters in Asia as the company continues to build out its engineering, sales, legal, design and marketing functions going forward.
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