A Rapyd Pivot: From E-wallet to Fintech Pioneer
summary
Company pivots from a failed consumer e-wallet into a B2B platform that brands itself fintech-as-a-service, raising about $800M after the pivot. Built a global API that aggregates roughly 900 payment methods across 106 countries, adds wallets, custodial accounts, card issuing and disbursements, and migrates acquired client books rather than tech. Recruitment gambit Rapid the Moment hires hundreds of engineers; platform handles Google and Uber production flows and survived early bank crashes.
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chapters (9)
- 0:00Introduction to Rapyd
- 1:20Founding and pivot story
- 3:43B2B payments infrastructure
- 7:24Client use cases
- 10:08Growth and hiring strategy
- 12:40M&A as a growth lever
- 15:35Fundraising and partnerships
- 19:33Market trends and crypto
- 22:44Future outlook and humor
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