# Rapyd Financial Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rapyd-financial-networks

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.rapyd.net
- Total disclosed funding: $1.2B
- Latest round: Series F (Sep 10, 2025)
- Investors on record: 19

## About

Founded in 2016 and based in London, UK, CashDash UK Limited, trading as Rapyd Financial Networks Ltd., develops a fintech-as-a-service that provides scalable payment, payout, and fintech applications from a single platform. The company was co-founded by Arik Shtilman (CEO), Arkady Karpman, and Omer Priel. In September 2025, Rapyd Financial Networks Ltd. raised USD 500 million in series F funding from BlackRock, Whale Rock Capital Partners, Spark Capital, General Catalyst Partners, Altimeter Capital, Fidelity Investments, Durable Capital Partners, Target Global, Dragoneer Investment Group, Tal Capital and Avid Ventures.
Rapyd Financial Networks Ltd. provides modular payment services for financial needs. The company offers solutions including B2B and B2C solutions, funds collection, fund disbursements, eWallet/white-label management, compliance-as-a service, foreign exchange, cards, bank transfers, and integration services. The company generates revenue through payment processing fees, FX margins, wallet services, and embedded fintech APIs The company will use September 2025 funding to expand global payments infrastructure and accelerate product innovation.

## Funding rounds

- Series F, Sep 10, 2025, $500M — General Catalyst Partners, Spark Capital, Fidelity Investments, BlackRock, Whale Rock Capital Partners, Altimeter Capital, Target Global, Dragoneer Investment Group, Durable Capital Partners, Avid Ventures, Tal Capital
- Series E, Aug 3, 2021, $300M — General Catalyst Partners, Spark Capital, Fidelity Investments, BlackRock, Whale Rock Capital Partners, Altimeter Capital, Target Global, Dragoneer Investment Group, LocalGlobe, Durable Capital Partners, Avid Ventures, Tal Capital
- Series D, Jan 13, 2021, $300M — General Catalyst Partners, Spark Capital, Tiger Global Management, Coatue Management, Entree Capital, Target Global, Oak HC/FT, FJ Labs, LocalGlobe, Durable Capital Partners, Avid Ventures, Tal Capital
- Series C, Oct 1, 2019, $100M — General Catalyst Partners, Tiger Global Management, Coatue Management, Stripe, Inc., Entree Capital, Target Global, Oak HC/FT
- Series B, Feb 13, 2019, $40M — General Catalyst Partners, IGNIA Partners, Stripe, Inc., Target Global

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series C, Series D, Series E, Series F
- IGNIA Partners (https://capitalatlas.ai/funds/ignia-partners) — Series B
- Stripe, Inc. — Series B, Series C
- Target Global (https://capitalatlas.ai/funds/target-global) — Series B, Series C, Series D, Series E, Series F
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C, Series D
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Series C, Series D
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series C, Series D
- Spark Capital — Series D, Series E, Series F
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series D
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series D, Series E
- Durable Capital Partners — Series D, Series E, Series F
- Avid Ventures (https://capitalatlas.ai/funds/avid-ventures) — Series D, Series E, Series F
- Tal Capital (https://capitalatlas.ai/funds/tal-capital) — Series D, Series E, Series F
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series E, Series F
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series E, Series F
- Whale Rock Capital Partners — Series E, Series F
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series E, Series F
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E, Series F