Rapyd Raises $300 Million Series E To Further Enhance Its Fintech As A Service Offering Amidst Unprecedented Global Adoption Of Embedded Finance
Aug 03, 2021•almost 4 years ago
Amount Raised
$300 Million
Round Type
series e
Description
Rapyd, a global Fintech as a Service company, today announced a $300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude, Durable Capital Partners, Tal Capital, Avid Ventures, and Spark Capital.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech