What is Rapyd?
Rapyd is a global fintech partner dedicated to liberating global commerce by providing businesses with comprehensive tools for creating payment, payout, and fintech experiences worldwide. The company simplifies and advances commerce in every market, enabling businesses to operate seamlessly across diverse regions. Its platform offers a unified solution for managing complex financial operations, facilitating cross-border transactions, and integrating innovative payment solutions.
How much funding has Rapyd raised?
Rapyd has raised a total of $1.3B across 6 funding rounds:
Multiple Rounds
$160M
Series D
$300M
Series E
$300M
Series F
$500M
Series B (2019): $40M with participation from Target Global, Stripe, General Catalyst, and Ignia
Series C (2019): $100M led by Oak HC/FT and Stripe
Other Financing Round (2019): $20M supported by Durable Capital Partners
Series D (2021): $300M featuring General Catalyst, Spark Capital, FJ Labs, Coatue, Avid Ventures, Oak FT, Tiger Global, Latitude, Durable Capital Partners, Target Global, Tal Capital Group, and Entree Capital
Series E (2021): $300M backed by Target Global, BlackRock, Durable Capital Partners, Whale Rock Capital Management, General Catalyst, Dragoneer Investment Group, Spark Capital, Avid Ventures, Tal-Cap, Altimeter Capital, Latitude Capital, and Fidelity Investments
Series F (2025): $500M with participation from General Catalyst, Altimeter Capital, Avid Ventures, Spark Capital, Durable Capital Partners, BlackRock, and Fidelity
Key Investors in Rapyd
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, backing entrepreneurs with ambitious visions.
Target Global
Target Global is a leading pan-European technology investment firm investing in companies across all stages, with a portfolio exceeding 140 investments in celebrated tech companies.
Spark Capital
Spark Capital invests in products by creators they admire, across all sectors and stages, supporting founders to win their own way.
What's next for Rapyd?
With its latest major strategic investment, Rapyd is poised for accelerated growth and further innovation in the fintech sector. The substantial capital infusion is expected to fuel the expansion of its global infrastructure, enhance its product offerings, and strengthen its market position. This strategic backing will likely enable Rapyd to pursue new market opportunities, deepen its existing partnerships, and continue its mission to simplify and advance global commerce through accessible and powerful fintech solutions.
See full Rapyd company page
