Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to announce Reap as its latest client. The global stablecoin-enabled payments infrastructure provider will deploy Flagright’s transaction monitoring, risk-scoring, and case-management solutions to strengthen financial-crime controls as it scales stablecoin-enabled cards, payouts, and embedded-finance APIs worldwide.
Reap connects traditional finance with digital assets, delivering white-label corporate card solutions, cross-border payouts, and expense-management tools to businesses all around the world. Its APIs let enterprises embed payments and card issuing into their own products, helping them operate seamlessly across currencies and geographies.
“As Reap expands into new regions like Latin America, we remain committed to fully adhering to the rules and regulations of each market in which we operate,” said Darryl Wan, Head of Legal, Risk and Compliance at Reap. “We are excited to partner with Flagright, an AI-native platform that enables real-time transaction monitoring across fiat and stablecoin payment rails. We look forward to enhancing our secure and compliant platform to deliver corporate card issuance and cross-border payment solutions through this partnership, including leveraging their dynamic risk scoring and no-code rules engine capabilities."
With Flagright, Reap is able to enable its compliance teams to monitor every transaction in real time, configure rules in minutes, and surface high-risk events through automated risk scoring. The integrated case management functionality also supplies an auditable workspace to investigate alerts quickly and generate regulatory reports, all without engineering overhead.
“We’re thrilled to welcome Reap as our client, as they power stablecoin enabled infrastructure and greater efficiency in financial operations for businesses around the globe,” said Baran Ozkan, Co-Founder and CEO of Flagright. “Our AI-native compliance stack sets a strong foundation for Reap to scale with every payment being screened, scored, and managed with best-in-class controls.”
About Flagright
Flagright is a global leader in AI-native transaction monitoring and AML compliance solutions, enabling financial institutions to centralize detection, investigate and report suspicious activity, streamline regulatory workflows, and strengthen financial crime controls. Trusted by financial institutions in 30+ countries, Flagright helps reduce false positives by 93% and lower compliance costs by 80%, thereby setting the modern standard for financial crime compliance.
About Reap
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.
Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2024, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.
Reap is a Series A company backed by a strong network of investors, including Acorn Pacific Ventures, HashKey Capital and more Founded and headquartered in Hong Kong, Reap employs over 200 people worldwide.
More information about Reap can be found at reap.co.
