Rapyd Raises $300 million Series E

Rapyd raised $300M in Series E financing led by Coatue, with participation from Coatue, General Catalyst. Global fintech-as-a-service and payment infrastructure. The new capital is framed around Acquire Korta payment processing and launch Rapyd Collect globally.

What it does

Global fintech-as-a-service and payment infrastructure. The business sits in FinTech, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

Supporting 900+ payment methods across 100+ countries; 200% ARR growth. Management framed the new capital around Acquire Korta payment processing and launch Rapyd Collect globally.

Trend impact

Global fintech infrastructure competing with Stripe Treasury for embedded finance. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• August 1, 2021 · Series E · $300 million · Coatue

Products & services

• FinTech workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for fintech teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round