Tagged: rapyd

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

August 2, 2023 @ 5:18 pm By Omar Faridi  |  

Rapyd, the global Fintech-as-a-Service provider, announced the acquisition of PayU Global Payment Organization (GPO; not including PayU’s India, Turkey, and Southeast Asia operations) of Netherlands-based Prosus, a global consumer internet group and one of the largest technology investors in the world. PayU GPO, a provider… Read More

July 22, 2023 @ 6:47 pm By Omar Faridi  |  

Rapyd, the global Fintech-as-a-Service provider, today announced the appointment of Dr. Shlomit Wagman, former Director-General of the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA), Head of the Israeli Delegation to the FATF, Chair of the FATF operational working group, and a Harvard-affiliated scholar,… Read More

May 14, 2023 @ 2:59 pm By Omar Faridi  |  

Rapyd has announced a partnership with Belvo, the Open Finance data and payments platform in Latin America. By combining Rapyd’s extensive global payments network with Belvo’s expertise in open banking, the partnership will “enable businesses across Latin America to deliver seamless open finance experiences to… Read More

April 24, 2023 @ 8:23 am By Omar Faridi  |  

Rapyd has announced a partnership with Splitit, the global payments installments provider, in order “to allow merchants from all over the world to offer shoppers easy installment payments online.” The partnership will aim to “bring Splitit’s Installments-as-a-Service platform to Rapyd’s extensive network of merchants and… Read More

April 3, 2023 @ 8:27 am By Omar Faridi  |  

Fintech firm Rapyd reveals that 41% of global organizations believe that international business expansion is imperative “to ease their current trading concerns.” That’s according to a study released by global fintech-as-a-service partner Rapyd, which shows that a sizeable contingent of cross-border businesses are “looking to… Read More

November 2, 2022 @ 12:17 pm By Omar Faridi  |  

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

July 30, 2022 @ 10:15 am By Omar Faridi  |  

Rapyd, the global Fintech platform, is teaming up with Rakuten Viber, which claims to be a worldwide leader in private and secure messaging and voice-based communication, to introduce in-app payment transactions to the Viber app. Rapyd will integrate its licensed financial technology offerings “directly into… Read More

May 9, 2022 @ 8:10 am By Omar Faridi  |  

Rapyd, an international Fintech-as-a-service platform, announced the launch of Virtual Accounts, a vital product “empowering businesses to expand globally while supporting local payments.” This new product offering enables organizations anywhere “to securely and reliably accept local bank transfers across over 40 countries in more than… Read More

December 9, 2021 @ 10:37 pm By Omar Faridi  |  

Rapyd, an international Fintech-as-a-Service firm, has agreed to acquire Hong Kong-based Neat, a cross-border trade enabling platform for SMBs and startups. Neat offers full company incorporation, business accounts, global payment collection and disbursements, “as well as credit card-based capital expansion services.” As noted in the… Read More

November 10, 2021 @ 3:05 pm By Omar Faridi  |  

Rapyd, an international Fintech as a Service firm, has made new enhancements to its Disburse and Collect Platforms, offering end-to-end infrastructure for B2B companies to pay suppliers and sellers while “getting paid by customers around the world more efficiently.” As mentioned in a release shared… Read More

August 3, 2021 @ 8:00 am By JD Alois  |  

Payments Fintech Rapyd has raised $300 million in Series E funding according to a note from the company. Rapyd recently acquired European payments firm Valitor for $100 mill to expand its services. The funding was led by Target Global along with participation from existing investors: General… Read More

July 2, 2021 @ 8:06 am By Omar Faridi  |  

Rapyd, a multinational Fintech as a Service (FaaS) provider, has entered into a definitive agreement with Arion Banki (Arion Bank) in order to acquire Valitor, an Icelandic payments solutions firm. As confirmed in a release shared with Crowdfund Insider, the deal size is $100 million… Read More

June 3, 2021 @ 8:46 pm By Samantha Hurst  |  

B2B fintech-as-a-service provider Rapyd announced on Thursday its new venture arm, which will focus on investing in early and growth-stage businesses that are delivering the next wave of financial services innovation. The company reported that the arm will be led by Joel Yarbrough, MD of Rapyd… Read More

April 24, 2021 @ 6:11 pm By Omar Faridi  |  

Rapyd, a global Fintech-as-a-Service provider, recently revealed that it has teamed up with Lano, a platform that assists businesses with recruiting and managing their global teams, in order to power their global payment and disbursement capabilities. As stated in a release, this past year marked… Read More

March 18, 2021 @ 10:28 am By Samantha Hurst  |  

    B2B fintech-as-a-service provider Rapyd announced on Thursday has announced a new initiative with the City of Miami to boost technology and startup industry growth, Rapyd’s $100 Million Miami Tech Power Initiative. Rapyd reported that through the program it has committed to waiving payment processing fees of… Read More

January 28, 2021 @ 8:15 am By Omar Faridi  |  

This month (January 2021) has already been huge in terms of Fintech fundraising, with notably 13 mega-rounds valued at $100 million (or more) having been completed to start off the new year. These companies have acquired approximately $2.746 billion in capital. This figure does not… Read More

January 21, 2021 @ 8:14 am By Omar Faridi  |  

Lex Sokolin, CMO at blockchain firm ConsenSys and Co-Head of Fintech and DeFi at ConsenSys Codefi, recently discussed how can we “best understand” the 100x revenue multiples for Fintech firms Affirm, Checkout, Rapyd, and several others. 1/ How can we best understand the 100x revenue… Read More

January 13, 2021 @ 8:16 am By Samantha Hurst  |  

  B2B fintech-as-a-service provider Rapyd announced on Wednesday it secured $300 million through its Series D financing round, which was led by Coatue with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital,… Read More

December 17, 2020 @ 3:08 pm By Samantha Hurst  |  

B2B fintech-as-a-service provider Rapyd announced on Thursday it has expanded its American leadership team by appointing LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships. According to Rapyd, Hoang brings a wealth of regulatory and compliance knowledge to… Read More