Rapyd Secures $500M Funding at a $4.5B Valuation to Finalize $610M Acquisition of PayU
Summary
Rapyd raised $500 million, mainly in equity, to close its $610 million acquisition of PayU. The deal values Rapyd at about $4.5 billion, down from its 2021 peak valuation. Rapyd completed the acquisition after receiving approvals from seven global regulators. The combined company will expand its workforce, broaden its international footprint, and execute payments in more than 100 countries. Rapyd now strengthens its global payments platform and adds more than 1,200 payment methods.
Funding
Amount
$500.0M
Total raised
Date
March 13, 2025
Announcement date
Investors
PayU, Prosus Ventures
Lead investors
Company
rapyd.net
Funded company
Classifications
industries
Fintech & Banking
applications
E-Commerce & Retail
AskAI Classifications
Labels
Fintech
Payment Processing Software
Embedded Financial Services
Linked Companies
Rapyd Financial Network (2016) Ltd.
$50M to $100M