6 years ago
Rapyd Secures €91.6 Million to Expand Fintech-as-a-Service Platform Globally
London-based fintech-as-a-service provider Rapyd has raised €91.6 million in a Series B funding round led by Oak HC/FT, with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entrée Capital
The investment will be used to expand Rapyd's unified cloud-based technology platform and global payment network, enabling businesses to integrate fintech and payment capabilities and reach more consumers worldwide.
ProblemFinancial Services
"helping businesses navigate the complexity of local and cross-border digital payments"
Solution
"a unified cloud-based technology platform that helps businesses quickly integrate fintech and payment capabilities into any commerce application"