Rapyd
London-based fintech startup Rapyd has raised a $300 million Series D led by Coatue.
The fresh funding continues the boom in interest for fintech startups, and Rapyd is now valued at $2.5 billion.
The startup offers a suite of payment processing services to other developers via an API.
Rapyd intends to use the funding to complete more strategic acquisitions, following a deal to buy card payment service Korta in 2020.
London and Mountain View-based fintech startup Rapyd has raised a fresh Series D funding round of $300 million, led by New York-based fund Coatue.
The deal values Rapyd, founded in 2016 by Israeli and Russian entrepreneurs Arik Shtilman, Arkady Karpman, and Omer Priel, at $2.5 billion.
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Payments startup Checkout.com is now Europe s most valuable startup after raising $450 million at a $15 billion valuation. It is almost the fourth most valuable fintech globally.
The Series C was led by hedge fund giant Tiger Global Management amid a boom in interest in fintech startups from the private equity world.
Checkout.com powers online payments for merchants like food delivery unicorn Deliveroo and fintech TransferWise among others.
Payments firm Checkout.com is now Europe s most valuable startup after raising $450 million at a $15 billion valuation.