History of Rapyd

Rapyd is a global fintech company that has rapidly grown into a major player in the digital payments and financial services space. Founded in 2016 by Arik Shtilman, Arkady Karpman, and Omer Priel, Rapyd was established to simplify and accelerate the integration of local payments into a unified solution for businesses worldwide. The company's headquarters are in London, United Kingdom, but it operates with a global mindset, supporting businesses in over 65 countries with its payment infrastructure.

Rapyd's platform enables businesses to access a wide range of payment capabilities, including local payment methods, digital wallets, and currency exchange. This versatility is particularly valuable for companies looking to expand internationally and cater to local payment preferences. The company has secured significant funding to support its growth, including a $100 million Series C round in 2019 and a $300 million Series D round in 2020.

Since its inception, Rapyd has expanded its service offerings beyond payments to include financial services such as card issuing, virtual bank accounts, and cash collection. This expansion has positioned Rapyd as a comprehensive fintech-as-a-service provider, empowering businesses to integrate and offer financial services quickly and efficiently. With its commitment to innovation and global reach, Rapyd continues to play a pivotal role in shaping the future of digital commerce and financial technology.