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.