Rapyd to acquire payments solutions company Valitor

Friday 2 July 2021 12:02 CET | News

Rapyd has entered into a definitive agreement with Arion Banki to acquire Valitor, an Iceland-based payments solutions company.

The deal size is USD 100 million and subject to regulatory approval.

Valitor provides both in-store and online payments acceptance solutions as well as card issuing to SMB merchants in Iceland, the UK and Ireland, and across Europe. The acquisition of Valitor will complement Rapyd’s existing payment capabilities throughout Europe, as well as enhance its issuing portfolio.

The acquisition of Valitor aims to enable customers from any industry to streamline the integration of omnichannel payments, expand into new markets, and flatten FX fees, unlocking revenue and growth potential.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Rapyd, omnichannel payments solution, FX , online payments
Categories: Payments & Commerce
Countries: Europe
This article is part of category

Payments & Commerce

Industry Events