UK-based Rapyd, a global fintech scaleup, snaps up a €252 million Series E funding round

Funding Rounds

▤ Summary

Being in a position to help companies enhance their ability to serve customers and expand their reach across global markets is both a tremendous responsibility and an extraordinary opportunity. “We plan to use the funding to continue to build out our global fintech as a service platform and invest in strengthening our network capabilities worldwide. We will continue to expand our presence across high-growth markets in Europe, Asia-Pacific, the US, and Latin America, where Rapyd’s platform can support businesses looking to grow internationally. But now, as the world sees growing traction across global eCommerce, Gig Economy, Fintech Solutions and Technology platforms, Rapyd must take the next step. There is currently an unprecedented need for a single partner serving as a bridge between a vast array of local payment services and merchants, providing them access to the flexible, fast-to-integrate, and scalable solutions they need to thrive.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors Rapyd, EU-Startups Pitch Competition Lead investors
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Company - Funded company

▥ Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

◇ AskAI Classifications

Labels
Fintech Payment Processing Software Embedded Financial Services

▦ Linked Companies