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

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.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Rapyd Series C II round
Series C round
20,000,000
Durable Capital Partners
Rapyd funding round, October 2019
Series C round
100,000,000
October 2019
Oak HC/FT
Rapyd funding round, February 2019
Series B round
40,000,000
February 2019
Stripe (company)
Rapyd funding round, June 2018
Series B round
10,000,000
June 1, 2018
IGNIA
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People

Name
Role
LinkedIn

Ana Paula Mizrahi

Employee

arik shtilman

Employee

Eric berk rosenthal

Employee

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Date
Link

Companies

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CEO
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References

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