Deals

Rapyd raises $40 million to expand its payments network worldwide

Rapyd, a U.K.-based firm that helps companies and merchants of all sizes integrate a range of payment services into their platforms, has raised $40 million in series B funding to further expand its operations worldwide. The round was led by General Catalyst and Stripe and included participation from Target Global, Ignia, and unspecified large strategic payment and fintech companies, Rapyd said.”