#PayTech / Rapyd Unveils Venture Arm For Digital Commerce & Payment Innovation Globally

The venture arm will reportedly look at two types of projects:
– Capability providers delivering core infrastructure in areas where the market is going, including identity and risk management, faster and more seamless money movement and embedded financial services
– End-user platforms that are directly providing innovative financial services to consumers and businesses around the world

Founded in 2016, Rapyd’s global payments network connects companies to “all the ways the world likes to pay.”

“With Rapyd, digital sellers in Latin America can accept cash. Online shoppers in Asia can pay with their favorite ewallet. And businesses can make payouts to companies and individuals anywhere in the world. With 900+ payment methods in 100 countries, you can open new markets, reach new customers, and create new opportunities anywhere.”