Rapyd raised $100m in financing round.

Rapyd, a global Fintech-as-a-service provider, raised $100m in financing round led by Oak HC/FT with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entree Capital. "As financial services become increasingly digitized and global, Rapyd's fintech-as-a-service approach has tremendous growth potential. We're thrilled to back and partner with the Rapyd team as they tackle one of the biggest challenges in financial services by helping businesses navigate the complexity of local and cross-border digital payments." Tricia Kemp, co-founder and managing partner at Oak HC/FT.