Rapyd

BVNK Secures Strategic Backing from Visa Ventures and Citi Ventures

BVNK, a stablecoin-based payments infrastructure platform, received strategic investment from Visa Ventures and Citi Ventures alongside Haun Ventures, Coinbase Ventures, and Tiger Global. The funding validates stablecoins as enterprise-grade financial infrastructure as BVNK processes $30 billion in annualized stablecoin payment volume. The investment supports BVNK's expansion of embedded wallets, new US payment rails, and AI-driven onboarding across 130+ countries.

Rapyd in Talks to Raise $300M at $3.5B Valuation for Payments

Payments infrastructure provider Rapyd was reportedly in talks to raise $300 million at a $3.5 billion valuation, partly to fund acquisitions of payment processing capabilities. Rapyd provides fintech-as-a-service APIs enabling businesses to embed payments, payouts, and collections globally.

Banked Raises $15M Series A Extension to Expand Pay-by-Bank Network

Banked secured an additional $15M Series A extension from Insight Partners, Citi, National Australia Bank Ventures, and Rapyd to grow its pay-by-bank payment network. The platform enables merchants to accept direct bank payments without card networks. Strategic investment from multiple banks underscores the embedded finance potential of account-to-account payment infrastructure.

Decentro Raises $4.7M Series A for Banking API Platform

Bengaluru-based banking and payments API startup Decentro raised $4.7 million in Series A funding led by Rapyd Ventures, Leonis VC, and Uncorrelated Ventures. The Y Combinator-backed company enables businesses to integrate banking, payments, and fintech workflows via APIs. Funds will be used for hiring and expanding its customer base across Indian financial institutions.

Rapyd Raises $300M Series E at $8.75B Valuation for Fintech-as-a-Service

Rapyd raised $300 million in Series E funding, valuing the company at $8.75 billion. The Israel-founded fintech-as-a-service platform provides APIs for payments, wallets, card issuing, and global payment methods. The round underscores surging investor appetite for API-driven payment infrastructure enabling embedded finance globally.

Rapyd Launches All-in-One Integrated Payment Solution in the UK

Rapyd launched an all-in-one integrated payment solution in the United Kingdom, enabling businesses to access local payment methods including cash, bank transfers, e-wallets, and cards via a single API. The fintech-as-a-service platform supports embedded payments for businesses looking to integrate diverse payment rails. This positions Rapyd as an infrastructure provider for embedded finance use cases across the UK market.

Rapyd Launches Full-Stack Fintech-as-a-Service in Brazil with Dock

Rapyd announced a full-stack Fintech-as-a-Service solution for Brazil, partnering with Dock (BaaS technology provider), Banco Rendimento, and others. The offering includes white-label e-wallets, local card issuing, cash payments, transfers, boleto, and cards via a single API integration. The launch targets both local and global businesses expanding into the Brazilian market.