Rapyd - About the company
Rapyd is a series F company based in London (United Kingdom), founded in 2016 by Arik Shtilman and Omer Priel. It operates as a Provider of financial infrastructure for processing payments and issuing cards. Rapyd has raised $1.01B in funding from investors like Tal Capital, Stripe and General Catalyst, with a current valuation of $4.5B. The company has 2163 active competitors, including 221 funded and 243 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
Sectors and market segments that Rapyd operate in
Rapyd serves in the FinTech market segments.The primary business model of Rapyd are:Company Details
Provider of financial infrastructure for processing payments and issuing cards. This platform enables businesses to accept various payment methods, manage multi-currency accounts, and facilitate cross-border fund transfers. It provides tools for virtual account management, payout distribution, and card issuance. The infrastructure integrates into existing applications to support commerce and financial operations.
- Website
- www.rapyd.net/
- Email ID
- *****@rapyd.net
- Phone Number
- +44 **********
- Registered Address
- RAPYD SUITE 26, WESTON BUSINESS CENTRE PARSONAGE ROAD,TAKELEY,BISHOP'S STORTFORD,ENGLAND,CM22 6PU
Key Metrics
Founded Year
2016
Location
London, United Kingdom
Stage
Series F
Total Funding
$1.01B in 9 rounds
Latest Funding Round
Post Money Valuation
$4.5B as on Mar 13, 2025
Investors
Ranked
11th among 2163 active competitors
Annual Revenue
£43.4M as on Dec 31, 2024
Employee Count
922 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Rapyd
Rapyd is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAPYD PAYMENTS LIMITED CIN: 8053178 , United Kingdom, Active | May 01, 2012 | $55.5M (As on Dec 31, 2024) | 35 (As on Dec 31, 2024) | |
RAPYD EMEA LTD CIN: 11468005 , United Kingdom, Active | Jul 16, 2018 | - | - | |
RAPYD FINANCIAL NETWORK (2016) LTD. CIN: 32.514.769/0001-14 , Brazil, Active | Jan 21, 2019 | - | - | - |
RAPYD HOLDINGS PTE. LTD. CIN: 201833125K , Singapore, Active | Sep 26, 2018 | - | - |
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Rapyd's funding and investors
Rapyd has raised a total funding of $1.01B over 9 rounds. Rapyd has 35 institutional investors.
Here is the list of recent funding rounds of Rapyd:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 13, 2025 | $250M | Conventional Debt | - | - | - | - |
Mar 13, 2025 | $250M | Series F | $4.5B | - | - | |
Aug 03, 2021 | $300M | Series E | $8.75B | 667.9x |
View details of Rapyd's funding rounds and investors
Rapyd's founders and board of directors
Founder? Claim ProfileThe founders of Rapyd are Arik Shtilman and Omer Priel. Arik Shtilman and Gardar Stefansson are the CEOs of Rapyd.
Here are the details of Rapyd's key team members:
- Arik Shtilman: Co-Founder & CEO of Rapyd. They serve on the board of 1 company.
- Omer Priel: Co-Founder of Rapyd.
Rapyd's Board of Directors
Rapyd's board has 5 active members. Arik Shtilman is part of team and Maayan Naor, Dennis Francis Allan, Fraser James Herrick and Kevin Michael Carey are independent board members.Here is the list of Rapyd's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 11m | |
Independent board member | - | Current | 3y 10m | |
Independent board member | - | Current | 2y 5m | |
Independent board member | - | Current | 7y 0m | |
Independent board member | - | Current | 7y 0m | |
Independent board member | - | Past | 0y 4m | |
Independent board member | - | Past | 7y 0m | |
Independent board member | - | Past | 0y 7m | |
Independent board member | - | Past | 1y 10m |
View details of Rapyd's Founder profiles and Board Members
Rapyd's employee count trend
Rapyd has 922 employees as of Apr 26. Here is Rapyd's employee count trend over the years:
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Rapyd's Competitors and alternates
Top competitors of Rapyd include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Rapyd, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
4th | Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $533M | 83/100 | ||
6th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
7th | Checkout.com 2012, London (United Kingdom), Series D | Provider of payment processing services for online and digital merchants | $1.83B | 79/100 | |
8th | Cross-border money transfer solutions for businesses | $312M | 78/100 | ||
9th | Worldpay 1993, London (United Kingdom), Acquired | Provider of payment processing solutions for online, in-store, and omnichannel commerce | $18M | 77/100 | |
10th | PPRO 2006, London (United Kingdom), Series D | Provider of digital infrastructure for processing various local payment methods | $463M | 77/100 | |
11th | Rapyd 2016, London (United Kingdom), Series F | Provider of financial infrastructure for processing payments and issuing cards | $1.01B | 76/100 |
Looking for more details on Rapyd's competitors? Click here to see the top ones
Rapyd's Investments and acquisitions
Rapyd has made 10 investments in companies including Pay by Bank and Decentro. Rapyd has also acquired 3 companies including Neat and Valitor.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 16, 2022 | Investments | 2006 | London (United Kingdom) | |
Nov 01, 2022 | Investments | 2020 | Gurugram (India) | |
Sep 13, 2022 | Investments | 2015 | Seoul (South Korea) |
See all investments and acquisitions by Rapyd
Reports related to Rapyd
Here is the latest report on Rapyd's sector:
News related to Rapyd
Media has covered Rapyd for a total of 6 events in the last 1 year, 5 of them have been about company updates.
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UK Fintech Late-Stage Funding Rises 42%, Offsetting Early-Stage Decline, Tracxn FindsThe Fintech Times•Nov 03, 2025•Rapyd, FNZ, Dojo, Worldpay and 1 other
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London dominates UK fintech funding in September 2025Startups Magazine•Oct 29, 2025•Rapyd, FNZ, Quantexa, Haatch and 1 other
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Rapyd secures $500M at $4.5B valuation to finalize $610M acquisition of PayUInnovation-village•Mar 18, 2025•Rapyd, PayU
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Rapyd raises $500M at $4.5B valuation to complete $610M PayU acquisitionCTech•Mar 13, 2025•Rapyd, PayU, Prosus, PayU
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Fintech Rapyd seeks funding at $3.5B valuation, a steep drop from $9BBEAMSTART•Feb 08, 2025•Rapyd, Coatue, Oak HC/FT, Target Global and 3 others
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