Saturday, 8 February, 2025
Rapyd Seeks Funding at $3.5B Valuation, Down from $9B Peak
![Rapyd Seeks Funding at $3.5B Valuation, Down from $9B Peak](https://d3vnc3w6v6jm99.cloudfront.net/rapyd-seeks-funding-at--3-5b-valuation--down-from--9b-peak.webp)
Fintech firm Rapyd is reportedly seeking funding at a $3.5 billion valuation, a sharp decline from its previous $9 billion peak. The drop reflects changing market conditions and investor sentiment toward the payments sector. Despite the lower valuation, Rapyd continues to expand its global payment infrastructure, aiming to strengthen its position in the competitive fintech landscape.
Read full story at TechCrunch