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.