# Rapyd

**Source:** https://geo.sig.ai/brands/rapyd  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Emerging  
**Website:** rapyd.net  
**Last Updated:** 2026-04-14

## Summary

Global fintech-as-a-service with 100+ country coverage; single API for local payment collection, multi-currency wallets, and local disbursements for platforms.

## Company Overview

Rapyd is a global fintech-as-a-service platform providing payment infrastructure, issuing, banking, and compliance services that allow businesses to embed financial capabilities into their products across 100+ countries. Founded in 2016 and headquartered in London, Rapyd aggregates local payment methods — bank transfers, cash collection networks, e-wallets, cards — through a single API, enabling global platforms to accept and disburse money locally in markets where building direct relationships with local payment networks would be prohibitively complex.

The company raised $300 million in Series E funding in 2021 at a $8.75 billion valuation, backed by Stripe, General Catalyst, Tiger Global, and others. Rapyd's "Collect, Store, and Disburse" framework covers the full payment lifecycle: accepting local payments from customers, holding funds in multi-currency wallets, and paying out to suppliers or users in local currencies. This capability is particularly valuable for gig economy platforms, e-commerce marketplaces, and software companies with global operations.

In 2025, Rapyd has restructured following a significant valuation adjustment from its 2021 peak, focusing on profitability and concentrating on its highest-performing product lines. The company acquired Neat (Hong Kong digital banking) and has continued building out its issuing and banking products alongside payments. Rapyd competes with Airwallex, Nium, and Payoneer in cross-border payment infrastructure, while also competing with Stripe and Adyen in more developed markets. The company's broad geographic coverage in emerging markets remains its strongest competitive differentiator.

## Frequently Asked Questions

### What is Rapyd?
Rapyd is a global fintech-as-a-service platform founded in 2016 and headquartered in London, United Kingdom. The company provides payments, payouts, and embedded finance solutions via API, operating in 41 regulated countries with access to over 1,200 local payment methods.

### What products and services does Rapyd offer?
Rapyd offers payment processing, mobile wallets, money transfers, card issuing, and fraud protection services. These solutions are delivered through their fintech-as-a-service platform via API integration.

### Who are Rapyd's customers?
Rapyd serves over 5,000 businesses globally and onboards more than 500 new customers weekly. The platform is designed for businesses seeking to integrate payment processing, payouts, and embedded finance capabilities.

### When was Rapyd founded?
Rapyd was founded in 2016.

### Where is Rapyd headquartered?
Rapyd is based in London, United Kingdom. The company operates across 41 regulated countries globally.

### How much funding has Rapyd raised?
Rapyd has raised $2.01 billion in total funding. As of February 2025, the company is seeking $300 million in funding at a $3.5 billion valuation, or alternatively $500 million in Series F funding at a $4.5 billion valuation that would include the acquisition of PayU.

### What is Rapyd's current valuation?
Rapyd's current valuation ranges from $3.5 billion to $4.5 billion, depending on the funding scenario. This represents a significant decrease from its peak valuation of $15 billion in 2022 and $9 billion in 2021.

### What are Rapyd's key achievements and metrics?
Rapyd operates in 41 regulated countries and supports over 1,200 local payment methods. The company serves more than 5,000 businesses and onboards over 500 new customers weekly.

### What is Rapyd's technology approach?
Rapyd delivers its fintech-as-a-service platform through API integration, enabling businesses to embed payments, payouts, and financial services into their applications. The platform provides access to 1,200+ local payment methods across 41 regulated countries.

### What are Rapyd's recent developments?
In February 2025, Rapyd announced it is seeking new funding at reduced valuations compared to previous rounds. In 2023, the company acquired PayU's Global Payment Organization (GPO) for $610 million and expanded its operations to 41 regulated countries with 1,200+ local payment methods.

## Tags

api-first, b2b, fintech, global, payment-processing, platform, scaleup

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*