Tag "Rapyd"

Rapyd: E-Wallet Popularity on The Rise in Asia Pacific

In Asia Pacific (APAC), adoption of fintech applications including digital wallets is booming, according to a new study by Rapyd, a global Fintech as a Service company. Rapyd, which surveyed 3,500 online consumers in APAC in March and April 2020,

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Rapyd Disburse’s New Global Payout Features to Support Gig Economy and Marketplace Growth

Rapyd, a global Fintech as a Service company, announced today a major expansion of Rapyd Disburse, an industry-leading mass-payout platform. The company has made significant investments in the Rapyd Global Payments Network in Europe and the Americas, and now offers more

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Rapyd Announces Solidarity Programme for Singapore Businesses to Adopt Digital Payments

Rapyd, a global Fintech as a Service company, today announced a new Solidarity Programme to help Singapore businesses quickly accept payments online with no fees until the end of June, enabling them to serve customers staying at home while reducing

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UK’s Fintech Unicorns Sees Singapore as Fertile Ground for Expansion

In what was another record-breaking year, investments in the UK tech sector soared to £10.1bn ($13.2 billion) in 2019, according to latest industry figures – a £3.1bn increase on 2018’s very strong figures and the highest level in UK history.

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Who Will Be the Ultimate Winner of Asia Pacific’s Virtual Banking Race?

Ever since Hong Kong issued 8 virtual banking licenses earlier this year, regulators around Asia are clamoring to come up with their own framework to facilitate this new breed of banks. While Hong Kong has reinvigorated Asia’s interest in virtual

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5 Key Announcements from Singapore Fintech Festival 2019 (Day 1 )

The 2019 Singapore Fintech Festival (SFF) kicked off on Monday at the Singapore EXPO, marking the first day of the world’s biggest annual fintech gathering. Last year, the week-long event brought together a staggering 45,000 participants from 130 countries. This

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Mastercard Launches Fintech Express; Rapyd First to be Onboarded

Mastercard today launched Fintech Express during the Singapore Fintech Festival 2019. According to their press release, through Mastercard’s Fintech Express, fintechs get access to a suite digital-first products, flexible commercial agreements and global licensing support for fintech looking to scale

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Fresh off US$100 M Funding Rapyd Secures Remittance License in Singapore

Fintech-as-a-Service platform Rapyd obtained a Remittance licence by the Monetary Authority of Singapore (MAS). The remittance licence will enable Rapyd’s corporate customers to extend remittance capabilities to their users, allowing them to send and receive money to and from over

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Rapyd Secures $100 Million in Funding to Fuel Global Fintech-as-a-Service Expansion

Payments focused fintech Rapyd announced that they have secured US$ 100 million of financing in round led by Oak HC/FT with participation from Tiger Global, Caotue, General Catalyst, Target Global, Stripe and Entree Capital. This follows another round earlier this

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OCBC Introduces a More Seamless Checkout for Instant Mobile Payments

Rapyd a payments focused fintech, announced a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers. The partnership leverages PayNow, Singapore’s national peer-to-peer funds transfer service, enabling OCBC Bank customers to make digital payments using the

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