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Rapyd
20 stories about Rapyd
Israeli tech’s day of reckoning
31.05.26
|
Sophie Shulman
Why layoffs at Wix, Amdocs, Rapyd, SentinelOne and others may signal a fundamental shift in the sector.
The layoffs sweeping Israeli tech may only be the beginning
29.05.26
|
Elihay Vidal
Behind the cuts lies a fundamental shift in how the industry hires, grows and competes.
Black Thursday: Israeli tech reels as Wix, Amdocs, Rapyd and SentinelOne cut jobs
28.05.26
|
Sophie Shulman
Layoffs across major Israeli tech companies highlight mounting pressure from AI disruption, currency shifts, and slowing growth.
“We are restructuring Rapyd”: fintech unicorn begins layoffs amid AI shift
28.05.26
|
Sophie Shulman, Meir Orbach
CEO says company is building a “unified, AI-driven organization” to scale and grow profitably.
Rapyd CEO Arik Shtilman buys into Maccabi Tel Aviv basketball
26.05.26
|
Meir Orbach
Fedanco Sports proposes $30 million investment as ownership structure at the club shifts.
The five biggest Israeli tech funding rounds of 2025
29.12.25
|
CTech
Cyera, Rapyd, Armis, Cato Networks, Deel, and Eon lead Israel’s high-tech funding surge in 2025 with mega-rounds totaling billions.
The $250+ million ARR club: Israel’s most lucrative tech startups
28.07.25
|
Sophie Shulman, Meir Orbach
Forget flashy valuations, these companies are winning where it counts: revenue and resilience.
Revolut, Rapyd, Mesh, and Airwallex win payment licenses in Israel
23.07.25
|
Almog Azar
New approvals aim to shake up local banking competition and slash costs for consumers.
Revolut and Rapyd eye Israeli market with lean bank ambitions
10.06.25
|
Almog Azar
Two fintech giants are in talks with the Bank of Israel as regulators weigh reforms to open the deposit market.
Rapyd’s IPO ambitions gain momentum with $500M raise and PayU purchase
16.03.25
|
Allon Sinai
The Israeli fintech firm is growing fast—will its market debut be next?
Rapyd raises $500M at $4.5B valuation to complete $610M PayU acquisition
13.03.25
|
Meir Orbach
Following the PayU acquisition, Rapyd’s workforce grows to 1,600 employees with revenues surpassing $1 billion.
Rapyd's valuation drops 65% to $3.5 billion as it seeks $300 million in new funds
09.02.25
|
Meir Orbach
The Israeli fintech unicorn plans to use part of the funds for a payments sector acquisition.
Israel's biggest tech funding rounds of the first 25 years of the 21st century
31.12.24
|
CTech
Exploring the mega-deals that propelled Israel’s most promising startups to global prominence.
Fintech unicorn Rapyd prepares to shake up the credit card market
17.12.24
|
Almog Azar
Rapyd is seeking a clearing license in Israel to compete with Isracard, Max, and other traditional players.
Rapyd CEO: "We moved to profitability this year and AI will triple our EBITDA margins in the next three years"
24.09.24
|
Sophie Shulman
Arik Shtilman, co-founder and CEO of Rapyd, added that the company is planning to go public in 2026 and that "we plan to automate 70% of back-office services by 2026. This will significantly improve our profitability, as 70% of our costs are personnel-related."
Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America
18.06.24
|
Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
State of the unicorns 2024: Who's ready for an IPO?
10.01.24
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Sophie Shulman
Following the upheaval in high-tech, entrepreneurs are going to be forced to issue decacorns at a value lower than their last funding round. Besides the blow to the ego, the move hurts the employees' options. The market is currently flooded with unicorns and the competition for investors is intense
Rapyd acquiring payment service PayU GPO for $610 million
01.08.23
|
Meir Orbach
The Israeli fintech unicorn will finance the purchase through a capital raising of approximately $700 million, which Rapyd will soon complete at the same valuation as its previous funding round
Rapyd appoints financial crime expert Dr. Shlomit Wagman as Global Chief Regulation and Compliance Officer
19.07.23
|
Meir Orbach
“Dr. Wagman's appointment underlines Rapyd’s commitment to maintaining the highest levels of integrity and regulatory adherence in the industry, and her appointment is another major step for Rapyd as the company makes strides towards a future IPO,” said Co-Founder and CEO Arik Shtilman
Fintech giants battling in $500 million PayU bidding war
28.06.23
|
Meir Orbach
Investment company Prosus is looking to sell PayU and bidders are believed to include Israeli fintech unicorn Rapyd, Canadian payments giant Nuvei, and Worldpay
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