Rapyd Secures $500M Funding at a $4.5B Valuation to Finalize $610M Acquisition of PayU

Funding Rounds

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.

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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