Reap Technologies Holdings Acquired by Payward | Financial Services M&A Deal

Payward has acquired Reap Technologies Holdings, a payments processing business in the stablecoin and card issuing space, for up to $600 million. Payward acquires Reap Technologies Holdings to expand Payward Services, adding a card issuing and cross-border payments stack that connects card networks, traditional financial rails, and stablecoin-native settlement via a single API. Reap Technologies Holdings enables corporate card programs, cross-border payouts, and treasury management, supporting businesses seeking faster and more transparent global money movement. The strategic acquisition is part of Payward acquisitions and platform acquisition strategy, with consideration payable in a mix of cash and Payward stock and an announced deal status.