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Radar · Payments in Hong Kong

Best Payments Companies in Hong Kong, China

The 58 best Payments companies in Hong Kong, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lakala.

58companies tracked
$546Mdisclosed funding
1unicorns
14have raised
FLIAR INTELLIGENCE · PAYMENTS × HONG KONG

Our analysis of 150 Payments companies

$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

150companies analysed
96%cloud-native stacks
2021funding peak (by rounds)
33unicorns
2018median founding year
91kcombined LinkedIn audience
74%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Payments companies in Hong Kong

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Lakala 🦄
POS payment acceptance solution for businesses
$350M132 mo agoPublicSun Taoran
Founder & CEO
2005EChartsAnimate.cssBootstrap+5——
2TNG Wallet
NFC-enabled and card-linked wallet for consumers
$115M106 mo agoSeries AAlex Kong
Chariman & CEO
2013PHPNginxAmazon Web Services+6——
3Reap
Financial platform for payment, collection, invoice, and card solutions
$46M44 mo agoAcquiredDaren Guo
Co-Founder
2018Apple iCloud MailGoogle WorkspaceMUI+25—1 launch · 1 partnership
4Obita
Provider of payment infrastructure for business collections, payouts, and fund management
53Talent top 28%Funding top 37%Market bottom 49%Global bottom 48%
All 4 signals ▾
Talenttop 28%
Fundingtop 37%
Marketbottom 49%
Globalbottom 48%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $10.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 53/100
$10M6 mo agoSeedVincent Yang
Co-Founder & CBO
2025——2 job openings
5Currenxie
Payment gateway solutions for international B2B payments
$10M59 mo agoSeries ARiccardo Capelvenere
Founder & CEO
2014ContentfulNode.jsTailwind CSS+26—1 expansion
6BBPOS
End-to-end mPoS solutions
$8M82 mo agoAcquired—2008WordPressApple iCloud MailMicrosoft 365+2620 patents
Patents concentrated in computing, sensing & instrumentation
2 job openings
7Ibox
Provides mPoS hardware and software solution.
$5M127 mo agoSeedPavel Sadovnikov
Founder & CEO
2012Animate.cssMicrosoft ASP.NETRequireJS+9——
8JiPay
Prepaid expense management card for domestic workers
$1M51 mo agoDeadpooled—2021———
9PAX Technology Limited
Payment terminals and software
$850K190 mo agoPublicJack Lu
CEO
2000Node.jsThree.jsElement UI+142 patents
Electronic vaporizer hardware and automated digital file signature technology
—

Top 12 Payments companies in Hong Kong

#1
Seed · Hong Kong, Hong Kong · founded 2025
$10Mraised
▾

Provider of payment infrastructure for business collections, payouts, and fund management. The company offers global payment management and operations solutions. These solutions include connecting businesses for global trade, unified global accounts, smart receivables, and batch payment processing. The infrastructure aims to understand business needs.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Talent
top 28%
Funding
top 37%
Market
bottom 49%
Global
bottom 48%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $10.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Jan 2026)
Audience (LinkedIn): 2k LinkedIn followers — 2.3% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Finance Manager, AML Compliance Officer (AMLCO)
Funding rounds
  • Jan 2026Seed—
  • Aug 2025Angel$10M
Founders & team
Vincent YangCo-Founder & CBODayong ZhangCEO & Co-FounderVincent YangCo-Founder
Investors
Vision Plus Capital, Mirana, Legend Capital, HashKey Capital, Web3.com, MONOLITH
#2
Lakala 🦄
Public · Hong Kong, Hong Kong · founded 2005 · 2315 employees
$350Mraised
▾

POS payment acceptance solution for businesses. Provides hardware-based POS terminals for merchants. It facilitates payments through credit or debit cards. It also provides tools for sales and inventory management. Provides solutions for convenience stores, supermarkets, shopping malls, and community groceries.

Funding rounds
  • Jun 2015Series D$245M
  • Sep 2012Series C—
  • Mar 2009Series C$25M
  • Jun 2007Series B$80M
Founders & team
Sun TaoranFounder & CEO
Investors
China Re, China Continent Property & Casualty Insurance, China Taiping Insurance Group, Cadf, Jade Capital Management, Legend Capital
Tech stack
Alibaba Cloud Object Storage ServiceAnimate.CssBootstrapCore-JsEchartsFont Awesome
#3
Acquired · Hong Kong, Hong Kong · founded 2018 · 11 employees
$46Mraised
▾

Financial platform for payment, collection, invoice, and card solutions. It offers products like ReapPay for payment solutions, ReapCollect for collection solutions, ReapCard for corporate card solutions, ReapInvoice for invoice generation solutions, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 38k LinkedIn followers — 42.1% of this cohort's audience
Activity: 1 product launches · 1 partnerships announced in 12 mo
Founders & team
Daren GuoCo-FounderKevin KangCo-Founder
Investors
Acorn Pacific Ventures, HashKey, Arcadia Funds Management, Hustle Fund, Fresco Capital, ABACUS VENTURE
Tech stack
Amazon CloudfrontAmazon Web ServicesApple Icloud MailCalendlyCloudflareCloudflare Bot Management
#4
Series A · Hong Kong, Hong Kong · founded 2013
$115Mraised
▾

NFC-enabled and card-linked wallet for consumers. Users can purchase multiple foreign currencies on the wallet and transfer funds. Users can make online and offline payments at public transport, vending machines, physical /online stores, and mobile apps. Offers membership packs based on transaction limit, store value, and additional features. App is available on iOS and Android devices.

Funding rounds
  • Sep 2017Series A$115M
Founders & team
Alex KongChariman & CEO
Investors
Beijing Lianchuang Yongxuan Investment Management Group, Nogle Capital Management, KBR, Nogle
#5
Series A · Hong Kong, Hong Kong · founded 2014 · 44 employees
$10Mraised
▾

Payment gateway solutions for international B2B payments. It offers a P2P marketplace in USD/HKD enabling clients to transact with each other in real-time and anonymously. It provides solutions to importers, exporters, manufacturers, retailers, and financial services firms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 4.7% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Aug 2021Series A$10M
  • 2015Seed—
Founders & team
Riccardo CapelvenereFounder & CEO
Investors
DBS Accelerator, BF Belmont
Tech stack
Alpine.JsAmazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesCloudflare
#6
Acquired · Hong Kong, Hong Kong · founded 2008 · 112 employees
$8Mraised
▾

BBPOS is a Hong Kong based provider of end-to-end mPoS solutions. Its key products are: 1. Hardware and terminal management: Audio jack devices, bluetooth and USB devices, PIN pads, terminal and key management tools to upgrade the security of terminal devices; 2. SDKs and Apps: To integrate PoS hardware with gateways and own software solutions; 3. Gateways and switching: Provides an omni-channel gateway and switching to rout transaction to another gateway or processor. It provides PoS solutions to all sectors including mobile merchant, retail, hospitality, delivery, transport and government.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 6.0% of this cohort's audience
Hiring: 6 hiring posts in 12 mo (public) · momentum -2 · hiring: Software QA Engineer (Manual), Fireware Engineer
Funding rounds
  • Aug 2019Series B$8M
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApache Http ServerApple Icloud Mail
#7
Deadpooled · Hong Kong, Hong Kong · founded 2021 · 2 employees
$1.3Mraised
▾

Prepaid expense management card for domestic workers. It features a cloud-based expense management solution by providing expense cards to helpers for making online/offline payments in all major stores. It acts as a bookkeeping solution for household expenses that allows users to manage budgets, track spending and transaction history. The pricing is available on a monthly subscription plan.

Funding rounds
  • Mar 2022Seed$1.3M
  • Nov 2021Seed—
Investors
East Ventures, SHL Capital, Manila Angel Investors Network, Iterative, Cosmic Cafe, Dhuna Ventures
#8
Seed · Hong Kong, Hong Kong · founded 2012 · 18 employees
$4.8Mraised
▾

ibox is a provider of mPoS solutions. It allows merchants to accept credit and debit cards, using a card reader which can be connected to mobile device their smartphones or tablets, and is built on proprietary end-to-end EMV payment gateway technology, terminal hardware and mobile applications. The company also provides a mobile app to provide analytics to the businesses. The company is certified by MasterCard, and Visa (EMV) and PCI-DSS. It has offices in Vietnam, Thailand, Russia and is head quartered in Hong Kong.

Funding rounds
  • Nov 2015Seed$1.3M
  • 2012Seed$3.5M
Founders & team
Pavel SadovnikovFounder & CEO
Investors
Almaz Capital, Inventure Partners, ESN Group
Tech stack
Google WorkspaceHstsMicrosoft Asp.NetNginx
#9
Public · Hong Kong, Hong Kong · founded 2000
$850Kraised
▾

PAX Technology Limited is an international supplier of electronic payment terminal hardware and transactional software services. Its products include traditional counter-top and mobile terminals, NFC terminals, mPoS hardware etc. Also provides software support for all the models.

Funding rounds
  • Aug 2010Grant (prize money)$850K
Founders & team
Jack LuCEO
Investors
Ojp, HAO Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCore-JsElement UiHsts
#10
Deadpooled · Hong Kong, Hong Kong · founded 2012 · 4 employees
$40Kraised
▾

Provider of domain name sales and website development services. This entity facilitates the buying and selling of domain names. They also offer website building services, creating and maintaining online presences for clients. The company's services encompass the entire process, from domain acquisition to website creation and ongoing maintenance. Their expertise lies in providing a complete solution for establishing a strong online identity.

Funding rounds
  • Mar 2013Seed$40K
Founders & team
Carlos RiveraCo-FounderCarlos GrajedaCo-Founder
Investors
Start-Up Chile
Tech stack
JqueryCdnjsNetlifyCloudflareHttp/3
#11
Deadpooled · Hong Kong, Hong Kong · founded 2014
$12.5Kraised
▾

Cashyou is a Hong Kong based free and instant P2P mobile wallet. Cashyou aims to provide a secure and easy way for people to send and receive small but frequent local peer to peer payments in Hong Kong.

Funding rounds
  • Jul 2014Seed$12.5K
Founders & team
Kif HongCo-Founder
Investors
Cyberport
#12
Series A · Hong Kong, Hong Kong · founded 2023
—raised
▾

Global digital payment service provider offering cross-border payment solutions for businesses. It holds significant licenses in payment services and digital payment tokens, enabling seamless on/off-ramp solutions. It leverages its expertise in payment licenses and crypto regulatory compliance to deliver innovative digital payment services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 3 partnerships · 1 awards (incl. EX.IO) announced in 12 mo
Funding rounds
  • Jul 2025Series A—
  • Feb 2025Seed—
Founders & team
Louis LiuFounder & CEO
Investors
BAI Capital, GSR Ventures, Hash Global
Tech stack
Amazon AlbAmazon CloudfrontAmazon Web ServicesAnimate.CssCore-JsGoogle Analytics

Funding & investor landscape

$546Mtotal disclosed funding
11companies funded
13disclosed rounds
0rounds last 90 days
Most active investors
HAO Capital2 rounds
Legend Capital2 rounds
5Y Capital1 rounds
Almaz Capital1 rounds
BAI Capital1 rounds
BF Belmont1 rounds
Beijing Lianchuang Yongxuan Investment Management Group1 rounds
Cadf1 rounds
China Continent Property & Casualty Insurance1 rounds
China Re1 rounds

Notable founders

Vincent Yang
Co-Founder & CBO · Obita
Dayong Zhang
CEO & Co-Founder · Obita
Sun Taoran
Founder & CEO · Lakala
Daren Guo
Co-Founder · Reap
Kevin Kang
Co-Founder · Reap
Alex Kong
Chariman & CEO · TNG Wallet
Riccardo Capelvenere
Founder & CEO · Currenxie
Pavel Sadovnikov
Founder & CEO · Ibox
Jack Lu
CEO · PAX Technology Limited
Carlos Rivera
Co-Founder · PayAllies
Carlos Grajeda
Co-Founder · PayAllies
Kif Hong
Co-Founder · Cashyou
Prism market signals · China · country-scoped Prism corpus, 3,745,184 docs

Market landscape — 10 sub-themes by coverage

Share of Payments coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on Digital Payments is moving in China

A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,464 China-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and steady — the enthusiastic (strongly-positive) share moved 22% → 22% across 2008–2026.
top research entities
  • Beijing University of Posts and Telecommunications42
  • Huazhong University of Science and Technology36
  • Peking University31
  • Wuhan University25
  • University of Electronic Science and Technology of China24
leading researchers
Yong Xu · Isaac Kofi Mensah · Tiejun Pan · Jing Wang · Zhiying Liu · Abdul Hameed Pitafi · Cephas Paa Kwasi Coffie · Hong Yan
▲ Breakthroughs188 · 13%
13%→13% share
▲1.0× share momentum1 median citations31% since 2021mostly methods-led
Blockchain research newly emerged with 10 papers, while Digital currency debuted at 5, signaling fresh frontier focus.
rising sub-themes (early→recent)
  • Currency1→4
  • Scheme (mathematics)3→4
Newly emergingBlockchain 0→10 · Digital currency 0→5
Landmark Mobile payments adoption – introducing mindfulness to better understand consumer behavior · 213 cites
◆ Advancements589 · 40%
▲ 36%→44% share
▲1.2× share momentum1 median citations35% since 2021mostly methods-led
Digital currency advancements surged 1→16 papers; Financial services and Currency followed, lifting field-share from 36% to 44%.
rising sub-themes (early→recent)
  • Digital currency1→16
  • Financial services2→15
  • Currency2→14
  • Context (archaeology)2→12
  • Financial inclusion4→13
Newly emergingBlockchain 0→15 · Endogeneity 0→8 · Consumption (sociology) 0→8
Landmark Understanding mobile payment users’ continuance intention: a trust transfer perspective · 364 cites
▼ Concerns370 · 25%
▼ 27%→25% share
▼0.9× share momentum0 median citations32% since 2021mostly empirical
Financial inclusion risk papers rose 2→10; FinTech concerns newly emerged at 7, flagging intensifying regulatory and equity scrutiny.
rising sub-themes (early→recent)
  • Financial inclusion2→10
  • Digital currency1→8
  • Currency1→8
  • Health care1→6
  • Context (archaeology)2→7
Newly emergingFinTech 0→7 · Descriptive statistics 0→5
Landmark Incentives for Mobile Crowd Sensing: A Survey · 520 cites
RESEARCH HOTSPOTS · China

Where digital payments is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Beijing191 · +0.28
Hot · Mobile paymentAdvancing · Computer securityOpportunity · ModerationConcern · China
Wuhan90 · +0.27
Hot · E-commerceAdvancing · Key (lock)Opportunity · Thematic analysisConcern · Transfer payment
Shanghai87 · +0.37
Hot · Financial inclusionAdvancing · Financial servicesOpportunity · EconometricsConcern · Actuarial science
Nanjing63 · +0.22
Hot · Descriptive statisticsAdvancing · CurrencyOpportunity · CashConcern · Reimbursement
Guangzhou/Shenzhen61 · +0.41
Hot · Third partyAdvancing · Computer securityOpportunity · Financial literacyConcern · Payment system
Hangzhou42 · +0.35
Hot · Service (business)Advancing · Computer securityOpportunity · AdvertisingConcern · Payment system
Harbin22 · +0.45
Hot · Payment systemAdvancing · Structural equation modelingOpportunity · World Wide Web
Hefei20 · +0.36
Hot · UsabilityAdvancing · ContinuanceOpportunity · Database transactionConcern · Payment system
PATENT SIGNAL · China

Who's filing digital payments patents in China

China digital payments patent filing is cooling — 303 filings from 275 assignees (2016–2025), led by China Unionpay, Huawei TECH, Shenzhen Cifpay Network BANK TEC; annual filings 75→8.

303 filings275 assigneespeak 75/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • China Unionpay85
  • Huawei TECH35
  • Shenzhen Cifpay Network BANK TEC31
  • ZTE27
  • Tencent TECH Shenzhen25
  • Alibaba Group Holding16
  • Xiaomi14
  • Yulong Computer Telecommunicatio11

Common questions

How many Payments companies are there in Hong Kong, China?
Radar tracks 58 indexable Payments companies headquartered in Hong Kong, China that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Hong Kong, China?
The Payments companies in Hong Kong, China on this list have raised a combined $546M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Payments company in Hong Kong, China?
Lakala is the highest-funded Payments company in Hong Kong, China, with $350M in disclosed equity funding.
How many Payments companies in Hong Kong, China are funded?
11 of the 58 Payments companies in Hong Kong, China on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Hong Kong, China?
1 Payments company in Hong Kong, China on this list is valued at $1B or more.
Who are the top investors in Hong Kong, China Payments companies?
The most active investors in Hong Kong, China Payments companies on this list include HAO Capital, Legend Capital, 5Y Capital, Almaz Capital, BAI Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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