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.
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.
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.
Rapyd launches all-in-one payment integrated solution in Mexico.
Rapyd announces the launch of its new single, "full-stack," payment solution in the UK.
Ana Paula Mizrahi
Eric berk rosenthal