Digital Bulletin | Fintech startup Rapyd reaches $2.5b valuation

January 13 - 12:01

Fintech startup Rapyd reaches $2.5b valuation
Israeli payments technology start-up Rapyd has raised $300 million in a Series D funding round, doubling its valuation to $2.5 billion. Rapyd offers payment services enabling the transfer of electronic funds across borders through various means of payment, including bank transfers, digital wallets, and cash. The app has seen massive growth in the demand for these services prompted by COVID-19.

> Sources

CNBC - Payments start-up Rapyd doubles valuation to $2.5 billion as Covid turbocharges growth

Source Captured: 13/01/2021 12:44:36

PaymentSource - Stripe-backed Rapyd raises $300 million, valuing company at $2.5 billion

Source Captured: 13/01/2021 12:44:36

Calcalist Tech - Israeli fintech startup Rapyd completes $400 million funding at $2.5 billion valuation

Source Captured: 13/01/2021 12:44:36

> Tweets

Managed to squeeze in a story ahead of my day off... and include @astrange's great "every company will be a fintech company" quote.

Payments start-up @RapydPayments doubles valuation to $2.5 billion as Covid turbocharges growth. https://t.co/UzMNq3Oldr
— Ryan Browne (@Ryan_Browne_) January 13, 2021

🔥Breaking news: Rapyd just raised $300m in #SeriesD funding! #fintech #funding https://t.co/vusHdWvusa
— Rapyd (@RapydPayments) January 13, 2021

Stripe-backed Rapyd raises $300 million, valuing company at $2.5 billion https://t.co/6ggUElrvOH by Payments_Source 2021-01-13 12:00:36
— Fintechbot (@FintechBot) January 13, 2021

Israeli fintech startup Rapyd completes $400 million funding at $2.5 billion valuation https://t.co/NF4twsOFoU
— meir orbach (@meirorbach) January 13, 2021