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.
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