Stripe and General Catalyst co-led the series B round, which reportedly increased the finance management software developer's total funding to $60m.
UK-based payment technology producer Rapyd secured $40m on Wednesday in a series B round co-led by mobile payment technology provider Stripe and venture capital firm General Catalyst.
Investment fund Tal Capital and VC firms Target Global and Ignia also took part in the round, as did unnamed payment and fintech companies.
Founded in 2016, Rapyd has developed software that enables businesses to integrate local payment methods or cross-border sales into digital applications including cash, bank transfers, e-wallets and local payment…
