April 21 - 12:04
Fintech firm Rapyd to acquire payments outfit Korta
The Fintech-as-a-Service company Rapyd announced is to acquire Korta, an Iceland-based payment card service provider. Rapyd helps merchants, gig-economy platforms, and technology providers create and launch any fintech or commerce application powered from its unified cloud-based technology platform. In October 2019, Rapyd raised $100 million in financing, valuing the company at over $1 billion.
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