4 years ago
Rapyd Secures €252 Million to Expand its Global Fintech-as-a-Service Platform
UK-based fintech scaleup Rapyd has raised €252 million in a Series E funding round led by Target Global
The investment will fuel Rapyd's growth through acquisitions and strategic investments, capitalizing on the increasing demand for digital payments and embedded finance solutions
The company plans to expand its global presence, particularly in high-growth markets across Europe, Asia-Pacific, the US, and Latin America.
ProblemFinancial Services
"Digital payments have become a fundamental business need for every industry, and companies need to be able to serve customers and expand globally"
Solution
"Rapyd offers a global fintech as a service platform that enables businesses to power local payments anywhere in the world, accessing markets quickly and easily"