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.
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