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Rapyd
About
Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payment methods.
- 251 - 500
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $300M
- Industries
- Financial Services,FinTech,Mobile Payments,Payments
- Founded date
- Jan 1, 2016
- Number Of Employee
- 251 - 500
- Operating Status
- Active
Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payment methods.It enables e-commerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and traditional banks to break free of their old infrastructure and limitations and create new mobile-friendly solutions. By utilizing Rapyd's payments network and Fintech-as-a-Service platform, businesses and consumers can engage in local and cross-border transactions in any market. The Rapyd platform unifies the fragmented payment systems by bringing together 900-plus payment methods in over 100 countries. Investors such as Stripe, General Catalyst, Oak FT, Coatue, Tiger Global, Durable Capital, Target Global, and TaL Capital backs the company.In 2016, Arik Shtilman, Arkady Karpman, and Omer Priel established the company in London, England.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 3, 2021 | Series E | $300M | 1 | — | — | Detail |
| Jan 13, 2021 | Series D | $300M | 2 | — | — | Detail |
| Oct 1, 2019 | Series C | $100M | 2 |
Oak HC/FT
|
— | Detail |
| Feb 13, 2019 | Series B | $40M | 1 |
General Catalyst
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
General Catalyst
|
— | Series E |
|
Oak HC/FT
|
— | Series D |
