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.