UK Fintech Rapyd Raises $100 Million
Wednesday, 10 02 2019, Category: Technology, Country: United Kingdom
Rapyd, a global Fintech-as-a-service provider, announced on Tuesday it secured $100 million through its latest financing round, which was led by Oak HC/FT with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entree Capital. The latest funding round comes just months after Rapyd raised $40 million in through its Series B financing round.
As previously reported, Rapyd describes itself as a mobile-first financial network that makes the world’s “favorite ways” to pay and be paid instantly available through a single API and SDK.