What is Rapyd and what do they do?
Rapyd is a global fintech-as-a-service platform that empowers businesses to accept, send, and manage payments anywhere in the world through a single, unified system. Founded in 2016 and headquartered in Tel Aviv, Israel, the company provides the infrastructure for global commerce, integrating payments, payouts, card issuing, foreign exchange, and compliance tools into one platform.
Supporting more than 190 countries and hundreds of local payment methods, Rapyd enables merchants to accept cards, e-wallets, bank transfers, and other regional payment options. Its ecosystem goes beyond simple processing — companies can issue prepaid or virtual cards, manage multi-currency accounts, automate payouts to suppliers, and build fintech applications using Rapyd’s modular APIs. The platform also supports stablecoin settlements, giving businesses faster, more predictable cross-border transfers.
By consolidating multiple financial functions into one interface, Rapyd removes the need for merchants to rely on different providers, helping them expand globally with less complexity, faster settlement times, and reduced costs.
Who is it for?
Rapyd serves businesses that need global reach and multi-currency flexibility. Its clients range from startups scaling internationally to established enterprises managing complex payment operations. The platform is especially relevant for e-commerce and marketplaces, which need to collect and disburse funds in local currencies; fintech companies and neobanks, embedding payments or banking services without obtaining licences; and gig economy and payroll platforms, distributing payments to international workers.
Other industries — such as travel, logistics, trading, education, and online gaming — use Rapyd to simplify global collections and payouts while maintaining compliance across markets.
Why do businesses choose Rapyd?
Companies choose Rapyd because it combines global payment coverage, developer-ready infrastructure, and built-in compliance within a single platform. Businesses can operate in nearly any region using local payment methods, avoiding the friction and high costs of cross-border processing. Rapyd’s APIs allow fast integration into existing systems, letting merchants unify their global payments, card issuing, and foreign exchange operations under one provider.
The platform’s strength lies in its scalability and reliability. Merchants benefit from faster settlement times, transparent currency conversion, and reduced payment management overhead. Real-time analytics and reporting provide full visibility into transaction flows, while integrated fraud prevention and encryption ensure every payment meets the highest security standards.
Businesses using Corefy can connect their Rapyd MID directly through the dashboard and activate routing, reconciliation, and analytics in minutes — without custom development or additional integrations.
Is Rapyd trustworthy?
Rapyd is a licensed and regulated financial institution in several major jurisdictions, including the UK, EU, Singapore, and Israel, and maintains full PCI DSS certification. The company uses advanced encryption and AI-driven fraud prevention to protect customer and merchant data, while adhering to global anti-money laundering (AML) and financial compliance standards.
Backed by over $760 million in funding and trusted by leading global marketplaces and fintech brands, Rapyd has built a reputation for reliability and innovation. Its regulatory foundation, technical maturity, and proven international performance make it a trusted partner for businesses managing complex, cross-border financial operations.
How to start using Corefy’s Rapyd integration
Connect Rapyd via Corefy and manage it alongside other payment providers. Apply routing rules, monitor performance, and centralise reporting without building or maintaining a separate integration.
- Step 2
Connect merchant account
Add Rapyd account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 3
Set up routing rules
Define routing rules and logic to optimise transactions processed through Rapyd and other PSPs. - Step 4
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
Supported payment and payout methods available via this connector.
Payments
1Payouts
2Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.