Rapyd raises $300mn in a series E funding round led by Target Global.
In brief:
Rapyd is a global FinTech as a Service company.
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.
This comes shortly after Rapyd’s acquisition of Valitor, a European payments and card issuing company.
Read more here.
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The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
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