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Rapyd raises USD 300 mn in funding from Coatue, Tiger Global, others The series D financing round saw participation from several new investors including Spark Capital, Avid Ventures, FJ Labs and Latitude, a statement said. Fintech industry accelerates financial inclusion, to push faster digital adoption Photo by Sora Shimazaki from Pexels Rapyd, a global fintech solutions company, has raised USD 300 million (about Rs 2,194.4 crore) in funding, led by Coatue. The series D financing round saw participation from several new investors including Spark Capital, Avid Ventures, FJ Labs and Latitude...

From Googles action against lending apps in India to UBS AG's plan to pick up $400 million stake in Paytm, here are the top-five, must-read tech news today.

Rapyd raises $300M on a $2.5B valuation to boost its fintech-as-a-service API A wave of organizations — propelled by global COVID-19 pandemic circumstances — are moving their commercial and financial interactions online, and today one of the big players helping to enable that shift is announcing a significant round of growth funding to expand the tools and services that it provides to them. Rapyd, which provides an API-based “fintech-as-a-service” platform covering payments, banking services, fraud protection and more, has raised $300 million, funding that CEO and co-founder Arik Shti...

Rapyd Raises $300 Million in Funding to Support Accelerated Growth Within Global Payments Industry LONDON and MOUNTAIN VIEW, Calif., Jan. 13, 2021 /PRNewswire/ -- Rapyd, a global Fintech as a Service company, today announced a $300 million Series D financing round led by Coatue. Several new investors participated in the financing, including Spark Capital, Avid Ventures, FJ Labs, and Latitude, along with further investment from current investors General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital, and Entrée Capital. Rapyd's platform embeds fintech services i...

Rapyd London-based fintech startup Rapyd has raised a $300 million Series D led by Coatue. The fresh funding continues the boom in interest for fintech startups, and Rapyd is now valued at $2.5 billion. The startup offers a suite of payment processing services to other developers via an API. Rapyd intends to use the funding to complete more strategic acquisitions, following a deal to buy card payment service Korta in 2020. London and Mountain View-based fintech startup Rapyd has raised a fresh Series D funding round of $300 million, led by New York-based fund Coa...