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Fintech Rapyd Plans to Secure $300M Funding for Acquiring Payment Processing Startup

Feb 09, 2025•over 1 year ago

Contract Type

partnership

LondonFinancial Services

Description

Global fintech company Rapyd is reportedly in discussions to secure $300 million in funding from investors, with the intention of using the funds to acquire a payment processing startup. Rapyd has been actively expanding its footprint through strategic acquisitions which have enabled it to expand its offerings and reach in the highly competitive cross-border financial transactions market.

Company Information

Company

Rapyd

Location

London, England, United Kingdom

About

Rapyd is the fastest way to power local payments anywhere in the world, enabling companies across the globe to access markets quicker than ever before. By utilizing Rapyd's unparalleled 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 is unifying fragmented payment systems worldwide by bringing together 900-plus payment methods in over 100 countries. Rapyd's investors include Stripe, General Catalyst, Oak HC/FT, Coatue, Tiger Global, Durable Capital, Latitude, Target Global, and Tal Capital. To learn more about the company that is accelerating the Fintech-as-a-Service revolution, visit www.rapyd.net, read our blog, or follow us on LinkedIn and Twitter.

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