When was Rapyd founded?

Rapyd was founded in 2016 and became a unicorn in 2019.

Where is Rapyd located?

Rapyd is headquartered in London, United Kingdom. It is registered at RAPYD SUITE 26, WESTON BUSINESS CENTRE PARSONAGE ROAD,TAKELEY,BISHOP'S STORTFORD,ENGLAND,CM22 6PU.

Which legal entities is Rapyd associated with?

Rapyd is associated with RAPYD PAYMENTS LIMITED and 3 others.

How many employees does Rapyd have?

As of May 31, 2026, the latest employee count at Rapyd is 920.

Is Rapyd a funded company?

Rapyd is a funded company, having raised a total of $1.01B across 9 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round.

How much is Rapyd worth?

The latest valuation of Rapyd is $4.5B as of Mar 13, 2025. This marks a decline of 70% from its peak valuation of $15B in Oct, 2019. This marks a decline of 70% from its peak valuation of $15B in Oct, 2019.

When was the latest funding round of Rapyd?

Rapyd's latest funding was a $250M Series F round on Mar 13, 2025, with participation from 13 investors. Its primary sector is Payments. In United Kingdom, the Payments sector has seen $435M in funding in 2026 to date.

What is the annual revenue of Rapyd?

Annual revenue of Rapyd is between £10M and £50M as on Dec 31, 2024

Is Rapyd a Payments company?

The primary sectors of Rapyd are Payments and Digital Remittance.

Where does Rapyd rank among its competitors?

Rapyd ranks 8th amongst 2158 active competitors, of which 224 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Rapyd?

Rapyd's top competitors include PayPal, Stripe and PayU. Among them, Flutterwave secured the most recent funding round in June, 2026.

Rapyd - 2026 Company Profile, Team, Funding, Competitors & Financials

Rapyd is a series F company based in London (United Kingdom), founded in 2016 by 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 2158 active competitors, including 224 funded and 239 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/
Social
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

Series F, Mar 13, 2025, $250M

Post Money Valuation

$4.5B as on Mar 13, 2025

Investors

Tal Capital & 34 more

Ranked

8^th among 2158 active competitors

Annual Revenue

£10M - £50M as on Dec 31, 2024

Employee Count

920 as on May 31, 2026

Investment & Acquisitions

Pay by Bank & 11 more

Similar Companies

Stripe & 3492 more

View Rapyd's full profile

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	£10M - £50M (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	-	-

Rapyd has raised a total funding of $1.01B over 9 rounds. Its latest funding round was a Series F round on Mar 13, 2025 for $250M. 13 investors participated in its latest round. 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	Series F	$4.5B	-	-	XBO, Dragoneer Investment Group, Latitude Venture Partners, Durable Capital Partners, Tal Ventures, Avid Ventures, Spark Capital, Altimeter Capital, Whale Rock Capital Management, BlackRock, Target Global, General Catalyst, Fidelity Investments
Mar 13, 2025	$250M	Conventional Debt	-	-	-	-
Aug 03, 2021	$300M	Series E	$8.75B	647.7x	Target Global	Altimeter Capital, BlackRock, Fidelity Ventures, Whale Rock Capital Management, General Catalyst, Durable Capital Partners, Dragoneer Investment Group, Stripe, Latitude Venture Partners, Avid Ventures, Spark Capital, Tal Ventures

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View details of Rapyd's funding rounds and investors

The founders of Rapyd is Omer Priel. Arik Shtilman and Gardar Stefansson are the CEOs of Rapyd.

Here are the details of Rapyd's key team members:

Omer Priel: Co-Founder of Rapyd.
Contact Info: 1 email address

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
Arik Shtilman	Team	-	Current	10y 1m
Maayan Naor	Independent board member	-	Current	4y 0m
Dennis Francis Allan	Independent board member	-	Current	2y 7m
Fraser James Herrick	Independent board member	-	Current	7y 2m
Kevin Michael Carey	Independent board member	-	Current	7y 2m
Michael Vainshtein	Independent board member	-	Past	0y 4m
Kerstin Synnove Maria Trygg	Independent board member	-	Past	1y 10m
Richard Osborne	Independent board member	-	Past	0y 7m
Vidar Thorkelsson	Independent board member	-	Past	7y 0m

View details of Rapyd's Founder profiles and Board Members

Rapyd's employee count trend

Rapyd has 920 employees as of May 26. Here is Rapyd's employee count trend over the years:

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Top competitors of Rapyd include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Rapyd, ranked by Tracxn score:

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	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 128 others	86/100
3rd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, PROSPER & 5 others	84/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 72 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Tiger Global Management & 28 others	83/100
6th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 15 others	81/100
7th	NIUM 2014, Singapore (Singapore), Series E	Cross-border money transfer solutions for businesses	$312M	GSR Ventures, Riverwood Capital & 35 others	78/100
8th	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Fidelity Investments, Dragoneer Investment Group ... & 33 others	76/100
9th	Corpay 2000, Atlanta (United States), Public	Provider of payment automation and expense management software solutions	$175M	HarbourVest Partners, Performance Equity Management ... & 10 others	76/100
10th	Wave Systems 1996, Lee (United States), Late Stage	App-based wallet for cross-border money transfers	$326M	Partech Partners, Founders Fund & 30 others	75/100

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Rapyd has made 10 investments in companies including Pay by Bank and Decentro. Rapyd has also acquired 2 companies including Neat and Korta.

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	Pay by Bank	2006	London (United Kingdom)
Nov 01, 2022	Investments	Decentro	2020	Gurugram (India)
Sep 13, 2022	Investments	SentBe	2015	Seoul (South Korea)