Wallets/rapyd
Rapyd
0 standards supported
Overview
Rapyd is a fintech-as-a-service / embedded-payments platform that lets businesses collect, hold, send and disburse money across borders through a single API, abstracting 900+ local payment methods — cards, bank transfers, e-wallets and cash networks [1, il-cro]. It targets marketplaces, gig platforms and global merchants needing local acceptance and payouts without building per-country integrations, competing with [[stripe]], [[checkout-com]] and dLocal.
Rapyd reached a ~$8.75B valuation in 2021 and has expanded via acquisitions of regional payments players.
History
2016 — Rapyd founded by Arik Shtilman, Arkady Karpman and Omer Priel in Israel, building a unified fintech API [2].
2019-2021 — Rapid funding rounds (Series B–E), reaching a ~$8.75B valuation in 2021 [2].
2022-2025 — Acquisition-led expansion, including Valitor (Iceland) and PayU's GPO business (in agreed/partial form), broadening acquiring and disbursement reach.
Ownership & operator
Operating entity: Rapyd Financial Network Ltd. (Israel).
Founders / CEO: Arik Shtilman (CEO) + co-founders Arkady Karpman + Omer Priel.
Investors: Insight Partners, Tiger Global, Coatue, General Catalyst, Target Global, Stripe (early), and others.
Regulators: FCA (UK) + per-country money-transmitter / EMI licenses across its operating markets.
Technical integration
| Layer | Description |
|---|---|
| Channels | Unified collect/disburse API + hosted checkout + virtual accounts + card issuing |
| Identifiers | Card + bank account + mobile money + e-wallets + cash networks (900+ methods) |
| Capabilities | Collect, hold (wallets/accounts), send (payouts), and issue cards globally |
| Use cases | Marketplaces, gig/creator payouts, cross-border B2B, global acceptance |
| Customer focus | Platforms + marketplaces + global merchants |
Implementations & partners
Operator: Rapyd Financial Network Ltd.
Acquisitions: Valitor (Iceland acquiring) and other regional payments assets expanded coverage.
Methods: Visa, Mastercard + 900+ local payment methods (bank transfers, e-wallets, cash).
Competitors: [[stripe]], [[checkout-com]], dLocal (see [[dlocal]]), [[payoneer]] for cross-border payouts.
Regulators: FCA + per-country money-transmitter/EMI.
Status
Active, a global fintech-as-a-service / embedded-payments platform [1, 2]:
- Rapyd Financial Network Ltd., CEO Arik Shtilman.
- ~$8.75B valuation (2021).
- Single API for collect/hold/send across 900+ payment methods.
- FCA + per-country money-transmitter/EMI regulated.
Sources
- 1 Rapyd — official
- 2 Rapyd — Wikipedia
- il-cro In-corpus: see IL country report
Source
Biography extracted from rapyd.md. See matrix.md for standards-support matrix if present.