Rapyd is reported to have achieved this valuation after a number of secondary deals in recent months, where early investors sold their shares

Rapyd's platform embeds fintech services into any application and simplifies the offering of local payment methods through an easy-to-use API.

Investments in Israeli fintech (financial tech) firms soared to a record $2.3 billion in the first half of 2021, representing a record-breaking 260 percent increase over funding in the first half of 2020. It also surpassed 2020’s full-year total of $1.8 billion by 28 percent. These fintech investments made up 19 percent of the $12.2 […]

Rapyd Ventures will work with startups after their seed round and through Series B that are looking to expand on existing market traction.

Israeli-founded firm Rapyd had a year of tremendous growth in 2020 due to massive adoption of global payments.