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Rapyd

A payments and fintech-as-a-service platform with one API that lets businesses accept local payment methods, send payouts and embed financial services such as card issuing. It acquired PayU's Global Payment Organisation in Latin America and Africa in March 2025.

FintechPayments infrastructure / fintech-as-a-serviceLondon, United Kingdom
Contact us on WhatsApp (opens in a new tab)rapyd.net (opens in a new tab)
FoundersSince 2016
Valuation
$4.5B
Total raised
$1.0B
Last round · Mar 2025
Funding round
Founded
2016
Employees
1,600
Quarters in VP50
2

Valuation

$1B$10B202020212022202320242025$4.5B
Rapyd priced rounds
RoundDatePost-money valuationRaisedLed by
Funding roundDec 3, 2019$1.2B$20MDurable Capital Partners
Series DJan 13, 2021$2.5B$300MCoatue
Series EAug 3, 2021$8.8B$300MTarget Global
Funding roundMar 13, 2025$4.5B$500MGeneral Catalyst, TAL Ventures, and Vista Credit Partners
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: #48
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #48.

Funding rounds

DateRound · leadRaisedValuation
Mar 13, 2025Funding round · General Catalyst, TAL Ventures, Vista Credit Partners$500M$4.5B
Aug 3, 2021Series E · Target Global$300M$8.8B
Jan 13, 2021Series D · Coatue$300M$2.5B
Dec 3, 2019Funding round · Durable Capital Partners$20M$1.2B
Oct 1, 2019Series C · Oak HC/FT$100M—
Feb 13, 2019Series B · General Catalyst, Stripe$40M—
2018Series A · Target Global——

Team

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Ramp

Rapyd | Venture Place