Coatue led a $300m Series D round in Rapyd.

Coatue led a $300m Series D round in Rapyd, a Fintech as a Service company, with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital, and Entrée Capital. The company intends to use the funds to double the engineering and product teams, expand the “Self-Service” element of the platform, and grow in core markets that serve B2C and B2B eCommerce payments, marketplace, and financial services businesses.