Rapyd is a United Kingdom-based startup that offers a single API and SDK for instant global payments, supported by local financial specialists. The company, founded in 2016, aims to liberate global commerce by providing businesses with the tools to create payment, payout, and fintech experiences worldwide. Rapyd caters to the diverse needs of customers, businesses, and developers, offering solutions that enable faster, cheaper, and easier payment acceptance and sending. The startup has proven to deliver results, with clients experiencing an average of 196% return on investment and a 70% reduction in time spent managing payments. Rapyd's offerings include sending and receiving funds, adding hundreds of payment methods globally, issuing prepaid virtual and physical cards, simplifying money management and foreign exchange, and integrating fintech with APIs. The latest investment in Rapyd was a Secondary Market investment on 31 March 2022, with BCS Capital participating as the investor.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Secondary Market | Unknown | 1 | BCS Capital | 31 Mar 2022 |
Series E | $300.00M | 10 | Fidelity Ventures | 03 Aug 2021 |
Series D | $300.00M | 10 | 13 Jan 2021 | |
Secondary Market | Unknown | 1 | 08 Jan 2021 | |
Series C | $20.00M | 1 | 04 Dec 2019 |