Rapyd was founded in 2014 and currently operates on a global scale from offices in the US, Paris and Reykjavik. The company’s transactional business is delivered via its fintech-as-a-service (FaaS) suite and payment services platform, including a range of software products designed to simplify payments across various industries.
The valuation of the acquirer has been calculated with an IRR of 83% based on revenue per transaction.