Rapyd Revenue and Competitors

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London, UK

Location

#709

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Rapyd's estimated annual revenue is currently $90M per year.(i)
  • Rapyd received $40.0M in venture funding in February 2019.
  • Rapyd's estimated revenue per employee is $165,100
  • Rapyd's total funding is $770M.
  • Rapyd's current valuation is $8.8B.

Employee Data

  • Rapyd has 545 Employees.(i)
  • Rapyd grew their employee count by 63% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1588.3M854479%$2.3B$95B
#2
$24570M3812914%$216M$209.6B
#3
$1303.1M280821%$266M$20B
#4
$444.5M239127%$570M$3.3B
#5
$202.5M67251%$357M$8.6B

Rapyd is the mobile-first financial network that makes the world's favorite ways to pay and be paid instantly available through a single API and SDK Through our scalable platform and API we are bringing together local financial specialists from every corner of the world to make the 100s of ways people pay available around the world, so that eCommerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and even traditional banks can break free of their old infrastructure and limitations and create new mobile-friendly solutions to make payments faster, smarter, accessible and convenient to all. Our Platform include a turnkey compliance and risk engine to meet all regulatory requirements. Rapyd's platform can be used to: 1.e-Commerce retailers can accept payment in locally relevant ways in every market including cash, local bank accounts, e-Wallets, and debit methods instantly and reliably 2.Lending firms can disburse loans to borrowers instantly and collect repayments Banks and e-Wallets can offer their customers physical access to both withdraw and deposit of funds at home and internationally 3.Remittance providers can integrate Rapyd API to enables their customers to send and receive money to any place around the globe. 4. Increase customer footfall, create incremental and new revenues for infrastructure partners such as Banks, ATM operators, Payment Processors, Retailers or Merchants

keywords:N/A

$770M

Total Funding

545

Number of Employees

$90M

Revenue (est)

63%

Employee Growth %

$8.8B

Valuation

N/A

Accelerator

Rapyd News

2022-04-17 - Rapyd Brings The Future of Fintech on Dubai's Billboards To ...

Rapyd has made its debut on the outdoor scene in Dubai, utilizing a blend of OOH types to aid businesses to thrive in any local market...

2021-08-04 - Rapyd raises €252.6M to expand its ‘fintech-as-a-service’ platform rapidly; eyes more acquisitions

London-based fintech startup Rapyd has raised a $300M (€252.6M) Series E funding round led by Target Global. The round saw participation from several new investors, including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dr ...

2021-08-04 - Fintech startup Rapyd raises $300M

London-based Rapyd has raised $300 million in a round led by Target Global. The startup's technology lets companies accept and send payments without having to build their own infrastructure. The capital will be used to fund acquisitions in new markets and verticals. The deal comes a month after ...

2021-08-04 - UK-based fintech startup Raypd raises US$ 300 million in Series E, with valuation soaring to US$ 8 billion

London-based payment platform Rapyd raised US$ 300 million in the latest Series E funding round dated August 3, 2021. The funding round was led by Tiger Global and included the participation of Altimeter Capital, Fidelity Management and Research Company and BlackRock Funds. The fintech startup c ...

2019-09-08 - Rapyd teams with Hong Kong's TNG Fintech to boost cashless ...

Rapyd, a fintech as-a-service startup, has partnered with TNG Fintech Group Inc., a Hong Kong-based digital wallet operator, to boost cashless ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$109.5M54524%N/A
#2
$139.7M545N/AN/A
#3
$35M54636%N/A
#4
$184.3M5468%N/A
#5
$140.4M5480%N/A

Rapyd Funding

DateAmountRoundLead InvestorsReference
2019-02-14$40.0MBGeneral CatalystArticle