“We’ve started to look at two acquisitions that were bigger than what we originally planned, with prices more in the range of $100 million,” he said. Up to now, Rapyd has largely built its technology from the ground up, but this will be about “getting at new business very quickly,” he added. Both deals are in progress now and are likely to close in February / March. One is of a card issuing platform (a la Marqeta), and the other is of a company based in Asia Pacific that is a significant player in payments in the region.

https://techcrunch.com/2019/12/03/rapyd-which-offers-fintech-as-a-service-via-a-single-api-adds-20m-more-to-its-coffers-at-a-1-2b-valuation/