“At the end of the day there are five things on planet earth for financial services, whether you are a bank or a mom-and-pop shop: payment collection, money dispersing, funds storage, card issuing and foreign exchange. From these you can build endless capabilities,” he said. One priority now, he added, will be to focus on expanding its technology related to identity management and fraud to complement what it already does.

https://techcrunch.com/2021/08/03/rapyd-raises-300m-on-8-75b-valuation-as-fintech-as-a-service-continues-to-boom/