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§ Private Profile · London, United Kingdom
Rapyd is a technology company.
Rapyd has raised $870.0M across 7 funding rounds.
Key people at Rapyd.
Rapyd has raised $870.0M in total across 7 funding rounds.
Rapyd is a FinTech company that provides a global payment processing platform, enabling businesses to accept, send, and manage funds across various markets.
Key people at Rapyd.
Rapyd has raised $870.0M across 7 funding rounds. Most recently, it raised $300.0M Series E in August 2021.
Rapyd is a fintech-as-a-service (FaaS) platform that provides APIs for global payments, payouts, digital wallets, card issuing, and embedded finance solutions, enabling businesses to accept, hold, and send money across 190+ countries in 120+ currencies.[1][2][5] It serves e-commerce sites, neobanks, marketplaces, payroll firms, and industries like gaming, travel, and creator economy, solving cross-border payment fragmentation by offering local methods (cards, bank transfers, e-wallets, cash) without multiple partnerships.[1][2][6] Rapyd's growth includes a $15B valuation in 2022 as Israel's top unicorn, over 600 employees in 12 global offices, and recognition as a top global fintech by CNBC in 2025, with expansion via acquisitions in Latin America, Eastern Europe, and Africa.[3][4][1]
Rapyd was co-founded by Arik Shtilman (CEO), who leads its vision for borderless payments, with backing from investors like BlackRock, Fidelity, General Catalyst, Target Global, and Spark Capital.[3][4] Initially launched as a B2C product, it faced regulatory and partnership hurdles, prompting a pivot to B2B fintech infrastructure as an alternative to SWIFT for cross-border flows.[1] This shift enabled full-stack services—collect, disburse, wallets, issuing—gaining early traction through API integrations and global licensing, evolving into a "AWS of fintech" with offices in Tel Aviv, London, San Francisco, Dubai, and more.[1][3]
Rapyd rides the embedded finance and cross-border commerce boom, where e-commerce, gig economies, and marketplaces demand instant, local payments amid $2T+ annual flows fragmented by regulations and legacy systems like SWIFT.[1][6] Timing aligns with post-pandemic globalization and fintech maturation—Rapyd's 2025 CNBC ranking underscores its leadership in payments amid rising demand for API-driven infrastructure.[3] Market tailwinds include emerging market growth (Africa, LatAm), crypto-adjacent FX needs, and ISV monetization; it influences ecosystems by enabling non-fintechs (e.g., travel, gaming) to launch financial products, fostering a "fintech everywhere" shift.[1][5][6]
Rapyd is poised to dominate FaaS as cross-border volumes surge, expanding via targeted acquisitions, enhanced business accounts, global FX, and AI-driven fraud/risk tools.[1][2] Trends like real-time payments, Web3 wallets, and regulatory harmonization (e.g., PSD3 in Europe) will accelerate its "AWS of fintech" trajectory, potentially pushing toward IPO amid $15B+ valuation history. Its bold infrastructure liberates commerce, turning payment barriers into growth engines for global builders.[3][4]
Rapyd has raised $870.0M in total across 7 funding rounds.
Rapyd's investors include Target Global, 01 Ventures, Entrée Capital Ventures, General Catalyst, Northzone, Frank Freund, Ilya Kondrashov, Michael Stephan, Sylwester Janik, Altimeter Capital, Avid Ventures, BlackRock.
