London, UK – March 14, 2025 – Rapyd, a leading global Fintech-as-a-Service provider, has completed the acquisition of PayU Global Payment Organisation (GPO) in Latin America and Africa. This milestone marks an important step in Rapyd’s ongoing expansion, strengthening its position in key global markets.
This expansion increases Rapyd’s ability to offer card acquiring across 6 countries in Latin America including Mexico, Brazil, Argentina, Chile, Colombia and Peru. It also expands Rapyd’s market access into Africa in key countries such as Nigeria and South Africa. Rapyd will be able to expand its capabilities and personnel in these regions, as the two companies begin the process of combining their operations.
The acquisition financing was led by General Catalyst, Vista Credit Partners, and TAL Ventures with several new and previous Rapyd investors also participating.
About Rapyd
Rapyd lets you build bold. Liberate global commerce with all the tools your business needs to create payment, payout and fintech experiences everywhere. From Fortune 500s to ambitious business and technology upstarts, our payments network and powerful fintech platform make it easy to pay suppliers and get paid by customers—locally or internationally.
With offices worldwide, including Tel Aviv, Dubai, London, Iceland, San Francisco, Miami, Hong Kong and Singapore, we know what it takes to make cross-border commerce as easy as being next door. Rapyd simplifies payments so you can focus on building your business.
Get the tools to grow globally and learn about our products, solutions and partner programmes at www.rapyd.net. Follow: Blog, Insta, LinkedIn, Twitter.
