Rapyd is the mobile-first financial network that makes the world’s favorite ways to pay and be paid instantly available through a single API and SDK.
Rapyd helps businesses and their customers pay and be paid however they choose.
Rapyd was founded in 2016 by Arik Shtilman, Omer Priel, & Arkady Karpman. The company is headquartered in London, United Kingdom, with offices in London, Singapore, Silicon Valley, and Tel Aviv.
Rapyd's fintech-as-a-service platform enables any payment type for in-country or cross-border commerce. Seamlessly integrate local payment methods like bank transfers, e-wallets, or cash into digital applications from a single API.
Rapyd operates the world’s largest local payments network that connects to over 2B+ consumers transacting around the corner and across the globe.
Rapyd supports local payments capabilities for any digital solution, including mobile and web applications, increasing consumer transactions and conversions. The company enables any local or cross-border payment directly into your digital application including cash, bank transfers, eWallets, local cards, and 300+ additional alternative payment methods.
Rapyd's modular SDK and API are easily integrated into your existing digital experience letting you extend your solution with only the specific capabilities you need - its solutions are elegantly designed to fit intuitively into your products.
Rapyd's investors include Oak HC/FT, Tiger Global, Coatue, Durable Capital Partners, General Catalyst, Target Global, Stripe, Entrée Capital and others. The company added additional $20M to it's Series C round on Dec 03, 2019, that was closed on Oct 01, 2019 with $100M, bringing the total amount raised is $120M in Series C. Rapyd has now raised a total of $180M in funding to date.
Rapyd gained a $1.2B valuation from the latest round on Dec 03, 2019.