Rapyd raised $500 million, most of it in equity and a small portion in debt, in March 2025, according to Calcalist. The round set a $4.5 billion valuation to complete its acquisition of PayU for approximately $610 million. That price sits well below the $15 billion at its 2022 peak, yet CEO Arik Shtilman told FXC Intelligence that Rapyd remains on track to grow the company’s revenue to around $1.1 billion in 2025, a 76% increase on its 2024 revenue. These Rapyd statistics cover valuation, funding, revenue, volume, headcount, the PayU deal, licenses and a stablecoin survey.
Rapyd is privately held, so the figures below are dated company statements and press reports, not audited accounts. In August, Rapyd said it has been named to the Hurun UK Unicorns 2026 list, recognizing the company among 80 UK-based private businesses valued at $1 billion or more.
Key Takeaways
- According to Calcalist, Rapyd’s valuation fell from $15 billion in several secondary deals to approximately $4.5 billion, a 70% drop from the 2022 peak.
- Shtilman expects EBITDA to be around 15% of total revenue, with processed volumes currently expected to grow to around $100 billion in 2025 and $150 billion in 2026.
- The PayU GPO deal has now been completed after receiving approvals from seven different regulators worldwide, at a price of $610 million.
- Rapyd Payments Limited holds License number: 900688, regulated by the Financial Conduct Authority, and Companies House shows a company at that same registered office was incorporated on 1 May 2012, named VALITOR LIMITED, from 15 Nov 2018 to 04 Sep 2023.
- Rapyd’s 2026 survey found 64% of businesses surveyed either use stablecoins today or plan to adopt them within the next three years.
- Headcount grew from 600 people globally in 2022 to approximately 1,600 people after the PayU deal, before a major restructuring and laying off employees in May 2026.
Editor’s Choice
- Series E, 2021: $300 million, a Series E that values the company at $8.75 billion, according to TechCrunch.
- PayU GPO seller: Rapyd acquires a piece of PayU from Prosus for $610 million.
- 2025 revenue guidance: Around $1.1 billion in 2025.
- Merchant clients after PayU: Over 250,000 merchant clients globally, according to Rapyd.
- Payment methods and hubs: Over 1,200 payment methods supported by 18 settlement hubs.
- Countries licensed or regulated: 41 countries that are licensed or regulated.
Rapyd Statistics: Company Overview
- Calcalist describes the company as an Israeli fintech unicorn with operations in Europe, the UK, South America, Asia, and the U.S.
- Rapyd calls itself an AI-native fintech that enables businesses to accept global payments, send payouts, and embed financial services through a single platform.
- Sources disagree on the start date: Calcalist writes that Rapyd was Founded in 2015, while Shtilman said Established in 2016, we operate with 20 offices and 850 employees in 2024.
- Rapyd’s own history says: In 2016, we set out to build an eWallet that would give users access to global payment methods.
- In 2021, TechCrunch reported some 12,000 small and medium-sized businesses using its services, with another 650 large enterprise clients.
About This Data
- Compiled from 20 captured sources: 11 Tier 1, 1 Tier 2 (Hurun Research Institute), and 8 Tier 3 press reports tracing to Rapyd statements.
- Sources run from July 2020 to August 2026; only primary or dated, named press sources qualified.
- Figures are reviewed on a rolling basis and updated when sources publish new editions.
| Metric | Figure | As of |
|---|---|---|
| Valuation | approximately $4.5 billion | March 2025 |
| Latest funding round | $500 million | March 2025 |
| Employees | approximately 1,600 | March 2025 |
| Revenue guidance | around $1.1 billion | 2025 |
| Processed volume expectation | around $150 billion | 2026 |
| Countries licensed or regulated | 41 | August 2023 |
Source: Calcalist 2025, FXC Intelligence 2025, Rapyd 2023
Where is Rapyd headquartered?
The sources reviewed do not name a single headquarters. Hurun counts Rapyd among 80 UK-based private businesses, Calcalist calls it an Israeli fintech unicorn, and Companies House lists a company sharing Rapyd Payments Limited’s registered office at Weston Business Centre, Parsonage Road, Takeley, Bishop’s Stortford, England.
Rapyd Valuation History
- The 2022 secondary deals made Rapyd Israel’s highest-valued private tech company and highest-valued fintech company.
- The March 2022 price came from deals in which early investors sold shares.
- The 2025 price is roughly 49% below the 2021 Series E valuation.
- The valuation path runs $8.75 billion, then $15 billion, then approximately $4.5 billion across 2021, 2022, and 2025.
- Calcalist reported that Rapyd has signaled clear IPO intentions for 2026.
By the numbers: Rapyd’s valuation moved from $8.75 billion at its Series E to $15 billion in secondary deals, then to approximately $4.5 billion, per TechCrunch and Calcalist. The lower 2025 price still financed the PayU deal, so the reset did not halt expansion.
Is Rapyd publicly traded?
No, Rapyd is private. Hurun’s list covers companies founded in the 2000s that have not yet listed on a public exchange. In 2024, Shtilman called the PayU deal part of our preparation for a public offering planned for 2026.
Who owns Rapyd?
Rapyd is privately held, and the sources reviewed do not disclose individual ownership stakes. Calcalist named BlackRock, Fidelity, General Catalyst, Target Global, and Spark Capital among its investors in 2022.
Recent Developments
- August 2026: Rapyd said on August 4 that it was named to the Hurun UK Unicorns 2026 list, recognizing the company among 80 UK-based private businesses valued at $1 billion or more.
- July 2026: On July 22, Rapyd was named one of CNBC and Statista’s World’s Top Fintech Companies 2026, marking its third consecutive year on the global list.
- July 2026: On July 1, the Hurun Research Institute released the UK Unicorn Index 2026, finding a record 80 unicorns in the United Kingdom, worth a combined £242.4 billion.
- June 2026: On June 7, Rapyd was named one of the Top 100 Cross-Border Payment Companies for 2026 by FXC Intelligence.
- May 2026: On May 28, Shtilman announced that Rapyd is undergoing a major restructuring and laying off employees as it repositions itself around artificial intelligence.
Rapyd Funding Rounds and Investors
- General Catalyst, Vista Credit Partners, and TAL Ventures led the acquisition financing, with several new and previous Rapyd investors also participating.
- TechCrunch’s Series E valuation came from reliable sources rather than a company statement.
- Calcalist attributed the 2025 raise to the PayU close: To finalize the deal, which was signed on Thursday, Rapyd raised $500 million.
| Transaction | Date | Amount | Valuation |
|---|---|---|---|
| Series E | August 2021 | $300 million | $8.75 billion |
| Secondary share sales | March 2022 | Not disclosed | $15 billion |
| Equity and debt round | March 2025 | $500 million | approximately $4.5 billion |
Source: TechCrunch 2021, Calcalist 2022 and 2025
Rapyd Revenue Statistics
- Shtilman cited a nearly 100% year-over-year growth rate in 2023 when the PayU deal was announced.
- In 2024, he said PayU has 1,000 employees and $300 million in revenue.
- Before the sale, the GPO business contributed to overall trading losses of $83 million at Prosus, according to TechCrunch.
- The 2025 guidance implies 2024 revenue of roughly $625 million.
| Period | Revenue figure | Basis | Reported by |
|---|---|---|---|
| 2024 (PayU GPO only) | $300 million | CEO statement | Calcalist, 2024 |
| After the PayU close | exceeding $1 billion | Press report | Calcalist, 2025 |
| 2025 (Rapyd total) | around $1.1 billion | CEO guidance | FXC Intelligence, 2025 |
| 2025 EBITDA margin | around 15% | CEO guidance | FXC Intelligence, 2025 |
Source: Calcalist 2024 and 2025, FXC Intelligence 2025
Worth noting: The 76% growth guidance is largely driven by its PayU acquisition, completed in March 2025, according to FXC Intelligence. Rapyd publishes no split between acquired and organic revenue, so the headline growth rate cannot show how fast the pre-PayU business grew on its own.
Rapyd Payment Volume Statistics
- In 2021, Rapyd’s total payment volume is on target to pass $20 billion this year, a fourfold increase on 2020’s volume of $5 billion.
- In 2024, Shtilman said Over the past year, our infrastructure processed $100 billion in transactions.
- The 2026 expectation is a 50% step up on the 2025 figure.
- Rapyd’s volumes are management statements; compare them with Stripe’s total payment volume data on that basis.
| Period | Volume as stated | Reported by |
|---|---|---|
| 2020 | $5 billion | TechCrunch, 2021 |
| 2021 | on target to pass $20 billion | TechCrunch, 2021 |
| Year to 2024 | $100 billion processed | Calcalist, 2024 |
| 2025 | around $100 billion (expected) | FXC Intelligence, 2025 |
| 2026 | around $150 billion (expected) | FXC Intelligence, 2025 |
Source: TechCrunch 2021, Calcalist 2024, FXC Intelligence 2025
Rapyd Employee Count Statistics
- In 2022, Calcalist reported 330 in Israel out of Rapyd’s global workforce.
- The 2024 interview put the network at 20 offices.
- With 850 staff processing $100 billion, Rapyd handled about $118 million in transactions per employee.
- The size of the May 2026 cuts was not formally disclosed; company sources said a full department employing dozens, and potentially over a hundred workers, was affected.
| Date | Employees |
|---|---|
| Mar 2022 | 600 |
| Sep 2024 | 850 |
| Mar 2025 | approximately 1,600 |
Source: Calcalist 2022, 2024 and 2025
Rapyd Acquisitions and Milestones Timeline
- Rapyd has completed the acquisition of Hong Kong-based Neat, a cross-border trade enabling platform for SMBs and startups.
- Rapyd completed the Korta deal on 7 July 2020; Korta was an Iceland-based payment card service provider.
- The PayU GPO purchase excluded PayU’s India, Turkey and Southeast Asia operations.
Rapyd PayU GPO Acquisition Statistics
- PayU GPO, a leading provider of best-in-class payment solutions to both enterprise and SMB segments in emerging markets, operates in over 30 countries worldwide.
- The deal added card acquiring across 6 countries in Latin America, including Mexico, Brazil, Argentina, Chile, Colombia, and Peru.
- It also expands Rapyd’s market access into Africa in key countries such as Nigeria and South Africa.
- Rapyd named Adidas, Google, Ikea, Meta, Netflix, and Uber among its Tier 1 enterprise clients. The deal sits within the wider payment processing market data as a consolidation of emerging-market acquiring.
| Combined metric at announcement | Figure |
|---|---|
| Transacting countries | 100+ |
| Merchant clients | Over 250,000 |
| Payment methods | over 1,200 |
| Settlement hubs | 18 |
| Countries licensed or regulated | 41 |
Source: Rapyd press release, August 2023
Rapyd Regulatory Licenses by Jurisdiction
- Outside the listed entities, Rapyd provides regulated Services through its selected Network Partners.
- Rapyd agreed to buy Valitor from Arion Bank, and the deal size is $100 million.
- Calcalist wrote that PayU strengthened its regulatory reach across 41 jurisdictions.
- Read together, the license register and the Companies House filing history list Rapyd Payments Limited and a company formerly named Valitor Limited at the same registered office, which indicates Rapyd’s UK regulated entity is the former Valitor company, so the Valitor deal appears to have delivered a licensed UK business as well as a merchant book.
| Jurisdiction | Entity | License type | Regulator |
|---|---|---|---|
| EEA/EU | Rapyd Europe hf. | Electronic money institution | Central Bank of Iceland |
| United Kingdom | Rapyd Payments Limited | Electronic Money Institution, 900688 | Financial Conduct Authority |
| Hong Kong | Rapyd HK Limited | Money Service Operator; Money Lenders | Customs and Excise Department; Companies Registry |
| Singapore | Rapyd Holding Pte. Ltd. | Major Payment Institution | Monetary Authority of Singapore |
| Israel | Rapyd Payments Israel Ltd. | Payment Services License | Israeli Securities Authority |
| United States | Rapyd Financial Technology US Inc. | Money Services Business | FinCEN |
Source: Rapyd Regulatory Framework page, 2026
Is Rapyd payment legit?
Rapyd is a regulated payments company. Its framework page lists Rapyd Payments Limited License Type: Electronic Money Institution (EM) under the Financial Conduct Authority, plus a Monetary Authority of Singapore major payment institution license. A license confirms regulatory oversight of the entity; it does not guarantee the outcome of any individual payment.
Rapyd Global Payments Network Statistics
- In September 2025, FXC Intelligence described a network that spans 190+ payout countries and enables payments across more than 900 payment methods.
- The Neat release stated that Rapyd supports more than 900 payment methods in over 100 countries and global payouts in over 200 countries.
- Calcalist later cited over 100 countries through 1,200 payment methods.
- The counts shift with each source and date, so treat the network size as a range rather than a single audited total, as with Adyen’s payment method statistics.
| Source | Payment methods | Countries |
|---|---|---|
| Rapyd, Neat release | more than 900 | over 200 for payouts |
| Rapyd, PayU GPO release (2023) | over 1,200 | 100+ transacting |
| FXC Intelligence (2025) | more than 900 | 190+ pay-out |
Source: Rapyd press releases, FXC Intelligence 2025
Is Rapyd a payment gateway?
Rapyd covers more than a gateway. The company says that by connecting local payment rails, card networks, stablecoin solutions, and business accounts into one unified infrastructure, Rapyd gives businesses the speed and capabilities to grow in any market.
Rapyd State of Stablecoins Survey Statistics
- Rapyd drew on a global survey of business decision-makers across multiple industries in APAC, the Americas, and EMEA; the release gives no sample size.
- Today, nearly one in five businesses already consider stablecoins a mainstream financial tool, per the report released on January 14, 2026.
- The survey measures business intent; for issuer-level supply, see the stablecoin market cap statistics.
Rapyd and the Hurun UK Unicorn Index 2026
- Hurun reports the UK count is a 47% increase year-on-year in value.
- The UK has overtaken India (61 unicorns) to claim third place globally.
- Rapyd’s release states that the 80 companies in its 2026 UK index have a combined value of £242.4 billion.
Conclusion
Rapyd raised $500 million at approximately $4.5 billion to close PayU, and its CEO now guides to around $1.1 billion in 2025 revenue. The valuation fell while the company grew larger, the central tension in these numbers.
The next markers to watch are audited results, the headcount effect of the AI restructuring, and the long-signaled public listing.
