Rapyd secures $500M at $4.5B valuation to finalize $610M acquisition of PayU

Israeli fintech unicorn Rapyd has successfully completed the acquisition of European fintech company PayU from Dutch investment firm Prosus for approximately $610 million. The deal, which was signed on Thursday, was finalized after Rapyd raised $500 million, primarily through equity, with a smaller portion sourced from debt. Following this funding round, Rapyds valuation stands at [...]The post Rapyd secures $500M at $4.5B valuation to finalize $610M acquisition of PayU appeared first on Innovation Village | Technology, Product Reviews, Business.
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