Rapyd

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, and 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. 

 

Rapyd’s customer base now numbers about 5,000 businesses, which includes marketplaces (labor marketplaces and marketplaces for goods), e-commerce businesses, other kinds of lenders and any business that might want to incorporate transactions or new financial services into their wider offerings.

 

Rapyd is backed by Oak HC/FT, Tiger Global, Coatue, Durable Capital Partners, General Catalyst, Spark Capital, Fidelity Ventures, Altimeter Capital, Stripes, BlackRock, Dragoneer and others. The company $300M in Series E round on Aug 03, 2021. This brings Rapyd's total funding to $780M to date. The new round more than tripled the company's valuation to $8.75B, from the previous $2.5B valuation gained from Series D in Jan 2021.

 

 

  • Year founded: 2016
  • Funding Info: $780M over 6 Rounds of Funding (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $8.75B as of August 03, 2021
  • City/Town: London
  • State: London
  • Country: United Kingdom
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