capital · May 21, 2026
Fintech Rapyd seeks $300M funding at $3.5B valuation, down from $9B in 2021
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Rapyd Financial Network is seeking to raise $300 million in a new funding round that would value the global payments platform at $3.5 billion. Rapyd plans to use the funding to buy a payment processing startup. The 9-year-old company has been on an acquisition streak, recently adding four companies, including Iceland-based payments startup Valitor for $100 million in 2022 and paying $610 million for units of the global payments platform PayU in 2023.
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