The payment technology provider backed by Stripe raised a series E round, which will be used to further develop its offering, strengthen its network capabilities and accelerate its growth.
Rapyd, a UK-based payment software provider backed by digital payment technology producer Stripe, has secured $300m in a series E round.
Target Global led the round, which also included investment and financial services group Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock and Dragoneer.
They joined existing investors General Catalyst, Latitude, Durable Capital Partners, Tal Capital, Avid Ventures and Spark Capital.
Following this round, the company reached a valuation of $8.75bn, according to TechCrunch.
The capital injection…
