Rapyd Financial Network
Formerly CashDash
Global Payment Infrastructure for Local Transactions
Startup E Fintech & Insurtech Est. 2015
Total Raised
$1.28B
E
Last Round
$500M
8 rounds
Investors
18
18 public
Team
16
500+ employees
Confidence
100/100
News
29
articles
About
Rapyd Financial Network empowers global businesses to deliver localized commerce experiences with ease. By abstracting away the complexities of cross-border transactions, Rapyd enables seamless integration of payment services directly into apps and platforms. With its FinTech-as-a-Service offering, Rapyd supports global eCommerce companies, technology providers, marketplaces, and financial institutions. Clients use Rapyd’s APIs to embed diverse, region-specific payment options—bank transfers, digital wallets, cash, and more. Rapyd also operates one of the largest local payment networks globally, offering access to 900+ payment methods across over 100 countries, accelerating time to market and improving customer conversion.
Classification
Sector
Fintech & InsurtechMoney Transfer & Management
Core Technology
Platforms & InterfacesAPIData StorageCDN
Target Customer
Commerce & RetailDistribution ChannelseCommerce PlatformsOmni ChannelEnterprise & Professional ServicesSMBs & SMEsEnterprisesFinancial ServicesFinancial InstitutionsSettlementsBanks
Business Model
B2B
Tags
unicorn-2019fintechdigital-wallet
Funding & Events
Oct 2019
C Round $105M
Oak HC/FT (Lead), Entrée Capital, General Catalyst, Stripes, Coatue, Target Global
Mar 2025
Undisclosed Round $500M
Mar 2018
B Round $10M
Target Global (Lead)
Mar 2017
A Round $3M
Tal Ventures (Lead)
Jul 2021
M&A $100M
Jan 2021
D Round $300M
Coatue (Lead), FJ Labs, General Catalyst, Entrée Capital, Spark Capital, Avid Ventures, Oak HC/FT, Latitude Ventures, Durable Capital Partners, Tal Ventures
Feb 2019
B Round $40M
IGNIA, General Catalyst, Target Global, Stripes
Dec 2021
M&A Undisclosed
Dec 2019
Undisclosed Round $20M
Durable Capital Partners (Lead)
Aug 2023
M&A $610M
Aug 2021
E Round $300M
Target Global (Lead), Whale Rock Capital Management, Durable Capital Partners, Spark Capital, General Catalyst, BlackRock, Avid Ventures, Dragoneer Investment Group, Fidelity Management & Research Company, Altimeter Capital, Tal Ventures
Apr 2020
M&A Undisclosed
News (29)
Mar 12, 2025 · www.calcalist.co.il
ראפיד השלימה את רכישתה של חברת PayU בכ-610 מיליון דולר | כלכליסט
Feb 8, 2025 · www.calcalistech.com
growth-negative
Rapyd seeks $300 million at $3.5 billion valuation, down 65% from peak | CTech
InvestmentAcquisitionLayoffs
Dec 17, 2024 · www.calcalistech.com
growth-positive
Rapyd is seeking a clearing license in Israel to compete with Isracard, Max, and other traditional players.
CustomersPartnersLayoffs
Jun 18, 2024 · www.calcalistech.com
Growth-Negative
Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America | CTech
LayoffsAcquisitionCustomers
Jun 18, 2024 · www.geektime.co.il
Rapyd is laying off dozens of employees and moving part of the development out of Israel.
Aug 1, 2023 · www.calcalistech.com
growth-positive
Rapyd acquiring payment service PayU GPO for $610 million | CTech
AcquisitionInvestmentExpand
Jun 28, 2023 · www.calcalistech.com
growth-negative
Fintech giants battling in $500 million PayU bidding war | CTech
InvestmentAcquisition
Nov 22, 2022 · www.calcalistech.com
growth-negative
Fintech unicorn Rapyd set to lay off dozens of employees | CTech
Layoffs
Jun 7, 2022 · www.calcalistech.com
growth-positive
Rapyd launches Hack the Galaxy challenge; winners to receive trip to the edge of space CTech
Expand
May 12, 2022 · www.calcalist.co.il
growth-negative
First quarter of 2022 was the best in Rapyd's history, but we'll soon begin feeling the new reality, says decacorn CEO CTech
CustomersExpand
Mar 13, 2022 · www.calcalistech.com
growth-positive
Rapyd reaches $15 billion valuation, becomes Israel's highest valued unicorn CTech
InvestmentExpand
Dec 8, 2021 · www.prnewswire.com
growth-positive
Rapyd Acquires Hong Kong-Based Neat to Expand Small and Medium Business Trade Capabilities across Asia and Globally
AcquisitionPartners
Nov 30, 2021 · finance.walla.co.il
growth-positive
חברת הפינטק Rapyd השיקה שוב את האקדמיה להכשרת מהנדסים צעירים - וואלה! כסף
Expand
Nov 15, 2021 · www.businesswire.com
Rapyd and nate Announce Partnership to Expand eCommerce Reach and Offerings Globally
Nov 9, 2021 · www.prnewswire.com
growth-positive
Rapyd Unveils "B2B Payments Infrastructure of the Future" to Support Global B2B Commerce and Trade Platforms
CustomersPartners
Aug 3, 2021 · en.globes.co.il
growth-positive
Fintech co Rapyd raises $300m at $8.75b valuation
InvestmentExpandAcquisition
Jul 1, 2021 · www.prnewswire.com
growth-positive
Rapyd to Acquire Valitor Expanding Access to Global Payments for its European Customers
Acquisition
Jun 4, 2021 · en.globes.co.il
growth-positive
Rapyd buys Icelandic payment solutions co Valitor
Acquisition
Jun 3, 2021 · www.calcalistech.com
growth-positive
Rapyd launches Venture Arm to boost fintech innovation globally
Investment
Apr 26, 2021 · en.globes.co.il
growth-positive
Rapyd leases 15 floors in Azrieli's triangle, spiral towers
PartnersExpand
+ 9 more articles
Details
Product Stage
Released
Employees
500+
Exact Count
747
District
Center District
Founded
2015
Registrar
515410439
Crunchbase
rapyd
Locations
Menachem Begin Road 121, Tel Aviv-Yafo, Israel
119 Marylebone Rd, London, UK
Dubai - United Arab Emirates
Two Embarcadero Center, San Francisco, CA, USA
89 Neil Road, Singapore
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Jun 25, 2025
Verified by
Jenny Sotnik-Talisman
Missing
markets
Team (16)
Gardar Stefansson
CEO RAPYD EUROPE & GM RAPYD COLLECT AND ISSUING
Arik Shtilman
Co-founder & CEO
Founder
Omer Priel
Co-founder & GM Rapyd DNA
Founder
Maayan Naor
CHIEF FINANCIAL OFFICER
Nir Rothenberg
CHIEF INFORMATION SECURITY OFFICER
Revital Lavie
CHIEF PEOPLE OFFICER
Shlomit Wagman
CHIEF REGULATION AND COMPLIANCE OFFICER
Eric Rosenthal
CHIEF STRATEGY OFFICER
Arkady Karpman
CHIEF TECHNOLOGY OFFICER
Eran Nachshon
COO
Asaf Moskovich
VP CUSTOMER SUCCESS
Sarel Tal
VP EMEA
Lior Levit
VP PRODUCT & GENERAL MANAGER
Rona Susel
Head of Marketing
Yael Shinnar-Sabbag
Director of Global HR
David Rosa
GM DISBURSE
Internal
Created by
Yanina Wainscheinker (yanina.wain@gmail.com)
Created
2016-11-22T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)