6 years ago
Rapyd Secures $40 Million in Series B Funding to Expand Fintech Platform
Rapyd, a London-based fintech-as-a-service platform, has raised $40 million in Series B funding led by General Catalyst and Stripe
Rapyd's platform enables businesses and consumers to pay or be paid using any payment method or cash for local and cross-border e-commerce
The company plans to use the funds to expand its technology platform.
ProblemFinancial Services
"Making international payment processing efficient and secure"
Solution
"Rapyd offers a fintech-as-a-service platform that enables businesses to integrate various payment methods into their digital applications through a single API, providing a seamless and scalable international payment processing experience"