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Rapyd

Rapyd

A financial technology company offering a mobile-first platform for payments through a single API and SDK.

Rapyd is a financial technology company offering a mobile-first platform for payments through a single API and SDK that is headquartered in San Francisco, California and was founded in 2016 by Arik Shtilman. Rapyd's online payment platform integrates payment methods such as bank transfers, e-wallets, and cash into digital applications that can be used to make cross-border and in-country payments using a single API. Their platform supports over 300 alternative payment methods, according to the companies website.

Funding
Series B

On February 13, 2019 Rapyd completed their series B funding round with $40 million in funding from Stripe (lead investor), General Catalyst (lead investor), Target Global, IGNIA, and several other strategic investors.

Series C

On October 1, 2019 Rapyd completed their series C funding round with $100 million in funding from Oak HC/FT (lead investor), Tiger Global, Coatue, General Catalyst, Target Global, Stripe and Entrée Capital. the company plans on using their series C funding to expand its payment platform, hire new employees, and make acquisitions.

Timeline

August 3, 2021
Rapyd raised $300M in a Series E funding round led by Target Global.
August 2, 2021
Rapyd raises a $300,000,000 series E round.
July 2, 2021
Rapyd enters into a definitive agreement with Arion Banki (Arion Bank) in order to acquire Valitor
June 10, 2021
Rapyd announces the appointment of Casey Bullock as Chief Revenue Officer.
January 13, 2021
Rapyd lands $300 million in financing.

Rapyd, an Israeli fintech-as-a-service company, has announced a whopping $300 million Series D round, doubling its valuation to $2.5 billion.

January 2021
Rapyd raises a $300,000,000 series D round from Coatue Management.
January 2021
Rapyd raises a $2,500,000,000 series D round from Avid Ventures, Coatue Companies, Durable Capital Partners, Entrée Capital, FJ Labs, General Catalyst, LATITUDE, Oak HC/FT, Spark Capital Founders' Fund III, L.P., Tal Capital, Target Global and Tiger Global Ltd..
July 10, 2020
Rapyd launches all-in-one payment integrated solution in Mexico.
June 2, 2020
Rapyd announces the launch of its new single, "full-stack," payment solution in the UK.
October 2019
Rapyd raises a $100,000,000 series C round from Coatue Management, Entree Capital, General Catalyst, Oak HC/FT, Stripe, Target Global and Tiger Global Management.

Funding rounds

Patents

People

Name
Role
LinkedIn

Ana Paula Mizrahi

Employee

arik shtilman

Employee

Eric berk rosenthal

Employee

Further reading

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Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Richard Dal Porto
August 3, 2021
TechCrunch
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
FinSMEs
August 3, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Ingrid Lunden
August 3, 2021
TechCrunch
Neobanks, other financial startups, and the basic concept of "finance anywhere" are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportunity. Rapyd -- which provides a range of financial [...]
Crunchbase News
August 3, 2021
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Ingrid Lunden
August 3, 2021
TechCrunch
Neobanks, other financial startups, and the basic concept of "finance anywhere" are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportunity. Rapyd -- which provides a range of financial [...]
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References

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