On Tuesday, Rapyd announced the launch of its full service in the UK.
Rapyd offers a full stack FinTech as a Service solution.
It has partnered with Visa, Mastercard, payzone and Clearbank.
It will allow local and global businesses to access every major local payment method, from cash to ewallets, through one connection.
What does this mean?
In bringing together fragmented local payment solutions into one platform, the business will make it easier for companies operating outside the UK to operate within the UK market. Rapyd will target FinTech services, cross-border B2B businesses, neobanks, global retailers and more, helping to save costs and more easily align with regulatory requirements.