Global Fintech Rapyd Is Reportedly Planning to Secure $300M in Funding 

Payment provider Rapyd is reportedly in discussions to secure $300 million in funding from investors, valuing the company at $3.5 billion. This valuation represents a significant decline from its peak value of around $9 billion in 2021, and a substantial drop from its early 2022 valuation of $15 billion. In 2022, Rapyd’s valuation reached $15 billion in several secondary deals, where early investors sold shares. This valuation was a testament to the company’s aggressive growth