Photo from HeyMax.

HeyMax buys HK’s fintech platform krip, gears for regional expansion

The acquisition follows HeyMax’s recent announcement of a five-fold YoY revenue growth.

 

HeyMax, a loyalty and travel rewards platform based in Singapore, has acquired Hong Kong's fintech platform krip as part of its expansion into the regional loyalty and rewards market.

 

The deal, which is HeyMax’s first acquisition, is expected to bring more than 6,000 credit card deals from over 3,000 merchants to consumers in Hong Kong and travellers visiting the city.

 

The acquisition follows HeyMax’s May 2025 announcement of a five-fold year-on-year revenue growth. It also lays the groundwork for HeyMax's official launch in Hong Kong in the coming months.

 

According to their announcement, the krip brand will be retired following the acquisition, with key team members integrated into the broader organisation.

 

David B. Wang, former CEO and founder of krip, will transition to the Global Head of Loyalty Partnerships and General Manager of Hong Kong at HeyMax.

 

Existing krip users will be invited to register as HeyMax users and receive free Max Miles, giving them immediate access to the platform's expanding ecosystem of travel and rewards partners.

 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Shangri-La Asia reports lower net profit by 38.7% YoY in H1 2025
The decline was mainly driven by lower revenue in Singapore and mainland China.
AIMS APAC REIT to acquire $56.65m Aljunied Avenue site
The company said the acquisition will enhance its portfolio resilience.
Import, export price indices fall YoY in July 2025
The decrease in non-oil indices was due to the Machinery and Transport Equipment index