Kraken Platform Payward acquires Payments Firm Reap
Kraken Platform Payward acquired Payments Firm Reap for $2.0B on July 1, 2026.
- Target
- Payments Firm Reap
- Acquirer
- Kraken Platform Payward
- Deal value
- $2.0B
- Announced
- July 1, 2026
- Sub-sector
- Crypto / Stablecoin
Transaction overview
- Kraken Platform Payward announced the acquisition of Payments Firm Reap on July 1, 2026 for $2.0B.
- The deal is expected to close pending customary conditions.
Strategic rationale
Payward (Kraken) acquires Reap to expand B2B payments infrastructure for stablecoin and card issuance.
Deal terms & multiples
Frequently asked questions
How much did Kraken Platform Payward pay for Payments Firm Reap?
Kraken Platform Payward acquired Payments Firm Reap for $2.0B, announced on July 1, 2026.
When did Kraken Platform Payward announce the acquisition of Payments Firm Reap?
Kraken Platform Payward announced the acquisition of Payments Firm Reap on July 1, 2026.
What sub-sector is Payments Firm Reap in?
Payments Firm Reap is tracked in the Crypto / Stablecoin sub-sector.
Sources
- pymnts.com /cryptocurrency/2026/kraken-platform-payward-acquires-payments-firm-reap/