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Founded
2016-01-01 in Tel Aviv, Israel
Headquarters
London, United Kingdom

Rapyd is an AI-native fintech platform that enables businesses to accept, send, and manage payments globally through a single integration. Founded in 2016, the company started as a mobile payments provider but quickly pivoted to building a unified infrastructure that connects local payment rails, card networks, stablecoins, and multi-currency business accounts. Today, Rapyd’s platform supports over 900 payment methods across 100+ countries, offering services such as direct card acquiring, instant payouts, virtual bank accounts, and embedded financial services. The company serves a wide range of industries including e-commerce, iGaming, travel, and the creator economy, with a client list that includes Alcaston, GoTrade, Kadmos, and Littlepay. In 2024, Rapyd achieved profitability and completed the acquisition of PayU’s Global Payment Organisation in Latin America and Africa in 2025. Headquartered in London, Rapyd operates as a trading name of CashDash UK Limited, with additional regional offices in Europe, Israel, and Asia. The company has raised over $1 billion in funding, including a $250 million Series F round in March 2025, and is recognised as one of the world’s top fintech companies by CNBC and FXC Intelligence. With a team of approximately 500–1,000 employees, Rapyd positions itself as the operating system for global commerce, allowing businesses to “build bold” without rebuilding payments infrastructure in every market.

Detailed Review

History and Funding

Rapyd was founded in 2016 by Arik Shtilman (CEO) after identifying the fragmentation of global payment systems while building an eWallet. The company raised significant venture capital from investors such as General Catalyst, Oak HC/FT, and Fidelity, reaching a valuation of $3.5 billion. In March 2025, Rapyd raised a $250 million Series F round to fuel further acquisitions and product expansion. A landmark moment came in 2025 when Rapyd completed its $610 million acquisition of PayU’s Global Payment Organisation (GPO) in Latin America and Africa, significantly expanding its direct acquiring footprint in high-growth markets.

Platform & Products

Rapyd offers four primary product suites. Rapyd Collect accepts payments via cards, bank transfers, local payment methods, and stablecoins through direct Visa/Mastercard acquiring in the UK, Europe, LATAM, Hong Kong, Israel, and Singapore, claiming up to 97% authorisation rates. Rapyd Disburse sends instant card payouts, bank transfers, and stablecoin disbursements to over 190 countries. Rapyd Issuing enables multi-country card programmes (virtual and physical) via a single API. Rapyd Wallet provides multi-currency business accounts that allow companies to hold, accept, and disburse funds in 30+ currencies with local routing. Additionally, Rapyd provides direct card acquiring, stablecoin solutions for instant no-chargeback payouts, and a partner programme for ISOs, ISVs, and payment facilitators.

Market Position & Recognition

Rapyd is consistently ranked among the top cross-border payment providers by FXC Intelligence and was named one of CNBC and Statista’s World’s Top Fintech Companies in 2025. Its platform is used by thousands of merchants, from SMEs to large enterprises. The company is particularly strong in emerging markets, having built direct acquiring and payout capabilities in Latin America, Africa, and Asia. In 2025, Rapyd launched stablecoin payment solutions and Tap to Pay on iPhone for UK and Irish merchants.

Regulatory & Licensing

Rapyd holds multiple regulatory licences, including as a payment institution in the UK (via CashDash UK Limited) and in Europe (Rapyd Europe hf. in Iceland). It is also a direct card acquirer with Visa and Mastercard in several jurisdictions.

Leadership

The executive team is led by co-founder and CEO Arik Shtilman. Other key C-level executives include Arkady Karpman (CTO), Nir Mlynarsky (CFO), Eran Nachshon (Chief Operations & HR Officer), Marc Winitz (CMO), Nir Rothenberg (CISO), Gardar Stefansson (CEO of Rapyd Europe & GM Rapyd Collect and Issuing), David Rosa (GM Disburse, FX, Wallets and Payouts), Omer Priel (VP Rapyd DNA), and Asaf Moskovich (VP Customer Success). The company also has VPs and general managers covering customer success, product, and regional operations.

Key Products

  • Rapyd Wallet

    Multi-currency business accounts for accepting, holding, and disbursing funds with local payment methods.

  • Rapyd Collect

    Accept payments globally via cards, bank transfers, eWallets, stablecoins, and 900+ local payment methods through a single API. Includes direct Visa/Mastercard acquiring.

  • Rapyd Disburse

    Send instant payouts to recipients worldwide via card, bank transfer, or stablecoin, including to hard-to-reach and developing markets.

  • Rapyd Issuing

    Launch and manage scalable, multi-country card programmes (virtual and physical) through a single API.

  • Stablecoin Solutions

    Instant, low-fee, no-chargeback payouts using stablecoins (e.g., USDC) for faster settlement and reduced FX costs.

  • Direct Card Acquiring

    Direct acquiring relationships with Visa and Mastercard in the UK, Europe, LATAM, Hong Kong, Israel, and Singapore, delivering higher authorisation rates and lower transaction fees.

  • Accept Payments Online

    API‑powered checkout supporting 900+ local payment methods including cards, bank transfers, e‑wallets, cash and real‑time schemes.

  • Accept Payments In‑store

    Payment terminals and Tap to Pay on iPhone for face‑to‑face card and contactless transactions.

  • Send Payouts

    Global disbursement solution for B2B, B2C and C2C cross‑border payments with instant settlement options.

  • Card Issuing

    Programmable virtual and physical prepaid cards for spend management, payroll, or customer rewards.

  • Instant Payouts

    Real‑time disbursements via local fast payment rails.

Offices & Headcount

750 employees (approx.)

Key Persons

Exhibition History

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