Category: Rapyd
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Rapyd in talks to raise $300m at cut-price valuation – report
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Israeli digital payments company Rabia He is holding 300 million dollars to raise the company with a value of $ 3.5 billion, according to Bloomberg reports, according to the people familiar with the matter. This is a 60 % reduction in the $ 9 billion rating he received at the…
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Rapyd to lay off 30 and replace them overseas
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Israeli digital payments company quickly The company is laying off 30 employees, representing about 4% of its 790-employee workforce. Most of those fired are programmers, according to a source familiar with the details. Those who are fired will be replaced by teams in Eastern Europe, South Africa and elsewhere where…