Search Results for: Rapyd

Neat takeover in Rapyd time

Two puns for the price of one, as Israel’s Rapyd (see here previously) has completed the acquisition of Hong Kong-based NEAT, a cross-border trade-enabling platform for SMBs (Small/Medium Businesses) and startups. It will help expand Rapyd’s Fintech-as-a-Service business. https://www.calcalistech.com/ctech/articles/0,7340,L-3928361,00.html

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Rapyd becomes a double Unicorn

Israel’s Rapyd (reported here previous) has just raised a huge $400 million to give it a market valuation of $2.5 million.  Rapyd’s real-time funds transfer platform is now used in more than 170 countries. Rapyd will use the funds to … Continue reading

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Exits, takeovers & mergers to 20/8/23

General Motors has acquired Israel’s ORGOLiON (now renamed AIONZ). Israeli energy conglomerate Delek Group is buying control of Israeli citrus fruit supplier and real estate investor Mehadrin Ltd. in a deal worth NIS 249 million. Israel’s ReWalk bought US-based AlterG … Continue reading

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The first Israeli company to be registered in Dubai

Israel’s Rapyd (see here previously) has been registered at the Dubai International Centre (DIFC) and is set to become the first Israeli company set to be regulated in the UAE. The Dubai Financial Services Authority has granted an in-principle approval … Continue reading

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Hack the galaxy to get into space

Israel’s Rapyd (see here previously) has launched its Hack the Galaxy challenge. Developers who solve all 42 challenges can win tickets to ride to the edge of space aboard the Space Perspective Spaceship Neptune. They may, however, opt for a … Continue reading

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Israel’s most valuable Unicorn

Israeli fintech company Rapyd (see here previously) has reached a valuation of $15 billion, making it Israel’s highest value private company. Rapyd employs 600 people globally, including 330 in Israel. https://www.calcalistech.com/ctechnews/article/rkyicgswc

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Investment in Israeli startups (8/8/21)

Hippo raised $550 million (IPO); Rapyd raised $300 million; Buildots raised $30 million; Localize.city raised $25 million; RealView Imaging raised $15 million; HopOn raised $10 million; STOREE raised $8 million; AgroScout raised $7.5 million; Append Medical raised $7.4 million; Renovai … Continue reading

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Israel’s most valuable startup

The $300 million just raised by Israel fintech Rapyd (see here previously) makes it Israel’s most valuable privately owned company, with a market value of $10 billion. https://www.timesofisrael.com/rapyd-becomes-israels-most-valuable-private-startup-with-300m-funding-round/ https://www.calcalistech.com/ctech/articles/0,7340,L-3914072,00.html

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Investment in Israeli startups: (17/1/21)

Rapyd raised $400 million; Vdoo raised $25 million; Gett raised $15 million; Shareitt raised $2 million; Telicomm raised $1.3 million;

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The world’s largest local payments network

Israeli startup Rapyd Financial Networks has developed a service to transfer funds through cash, bank transfers, digital wallets, local cards and 300+ other payment methods. It supports 65 currencies, providing access to 2.3 billion consumers in over 100 countries. https://www.calcalistech.com/ctech/articles/0,7340,L-3756279,00.html … Continue reading

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