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"No more blank checks": Tan’s Intel turnaround slashes jobs, cancels expansion
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Intel job cuts swell to 25,000 as CEO Tan plots costly turnaround
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Sony seeks buyer for Israeli chip arm in potential $300M deal
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Full list of Israeli high-tech funding rounds in 2025
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Datadog in talks to acquire Upwind for $1 billion
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Is Palo Alto Networks eyeing a SentinelOne takeover?
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Intel braces for sixth straight loss as new CEO faces foundry reckoning
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Investors hope Palo Alto will end SentinelOne’s long sale saga
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Rapyd
20 stories about Rapyd
Revolut, Rapyd, Mesh, and Airwallex win payment licenses in Israel
23.07.25
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
Rapyd CEO: "I estimate that this year we will grow by 65-70%"
27.06.23
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CTech
Arik Shtilman, CEO of the digital payments unicorn, announced Rapyd’s entry to the Israeli market at Calcalist’s Financial Innovation conference in Tel Aviv
Fintech unicorn Rapyd to continue with acquisitions and recruitment, says CEO
29.11.22
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Maayan Manela
“We conduct ourselves the way we think we should and if it bothers some people, that's their problem. Our financial performance is excellent and that's why investors really like what we do,” said Arik Shtilman
Fintech unicorn Rapyd set to lay off dozens of employees
22.11.22
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Meir Orbach
Israel’s highest-valued startup, which reached a $15 billion valuation earlier this year, could lay off more than 10% of its 900 employees
Rapyd launches Hack the Galaxy challenge; winners to receive trip to the edge of space
07.06.22
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Meir Orbach
Challenges will be posted in the Rapyd Developer Community every week through October 3, with each solution to reveal a password unlocking an entry to win tickets to the edge of space aboard the Space Perspective Spaceship Neptune
First quarter of 2022 was the best in Rapyd’s history, but we'll soon begin feeling the new reality, says decacorn CEO
12.05.22
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Meir Orbach
The Israeli company recently opened new offices in Dubai, but CEO Arik Shtilman knows it won’t be long before the financial slowdown reaches his company. “The small and medium-sized businesses will suffer from the rising interest rates, which will hurt their growth. That will also affect our growth,” he explained
Israel’s massive fintech year confirms the sector as a powerhouse
17.03.22
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James Spiro
A new report from Viola Group has highlighted the impact that fintech had on Startup Nation in 2021
Rapyd reaches $15 billion valuation, becomes Israel’s highest valued unicorn
13.03.22
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Meir Orbach
The fintech company, which offers payment services across the world, has seen its value surge six-fold since January 2021
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