skip to Main Content

Forbes: Payments Startup Rapyd Raises $300 Million Round Amid Fintech Valuations Boom

Forbes Logo Rapyd Valuation Funding Series E
  • News
  • Forbes: Payments Startup Rapyd Raises $300 Million Round Amid Fintech Valuations Boom

Forbes: Payments Startup Rapyd Raises $300 Million Round Amid Fintech Valuations Boom

The valuation of Rapyd, the payments platform that handles payments for Uber and Ikea has doubled to $5 billion since raising its last round in January amid a pandemic-driven boom for fintechs. The London-based company raised a $300 million Series E round to fund acquisitions and expansion into Latin America and Asia.

The deal comes just a month after Rapyd acquired Icelandic payments company Vailtor in a $100 million deal, and just seven months after announcing a $300 million fund raise in January.

Read the full article

Back To Top xandr