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Rapyd raises $100 million for mobile and web payment services

London based fintech infrastructure platform has raised a $100m Series C led by Oak HC / FT.  The company's valuation is "approaching $1b."

CEO Arik Shtilman said the capital infusion will accelerate the buildout of Rapyd’s network and its cloud-based financial services tools. He added that already, the local and cross-border businesses that rely on Rapyd’s local payment processing reach more than four billion consumers.

Tags

infrastructure, financings