The State Of Work

#12 - How a Fintech-as-a-Service platform is disrupting global mass payments

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Vice President EMEA at Rapyd

Sarel Tal


About Sarel

Sarel Tal is Vice-President of EMEA at Rapyd, a global Fintech-as-a-Service provider. He leads the company’s growth strategy and operations across Europe, the Middle East and Africa. A payments expert and serial entrepreneur who has worked in both venture-backed scale-ups and enterprise businesses, Sarel has held a variety of roles as a Founder and CEO, as well as senior operational positions.

Prior to joining Rapyd, Sarel was Founder and CEO of AlgoCharge, a global Fintech offering next-generation AI based payment processing technology, as well as CEO of AllCharge, a global internet payment service provider.

How a Fintech-as-a-Service platform is disrupting global mass payments

The rise of remote work has created significant market development in the global payments industry. Companies and individuals are looking for efficient payment solutions that span multiple jurisdictions and currencies, and that can also be deployed at scale.

Founded in 2016, Rapyd is the world’s largest local payments network and is on a mission to “power frictionless global commerce”. Most recently, the API-based Fintech-as-a-Service platform raised $300 million in funding, after quadrupling their revenue in 2020. Raypd’s accelerated growth has expedited payments and created global opportunities for businesses to enter new markets. They serve a current client base that includes over 5000 businesses including eCommerce, tech companies and marketplaces.

The State Of Work welcomes Rapyd’s VP of EMEA Sarel Tal to the podcast. Maddie and Sarel chat about global payroll trends, the technology behind Rapyd and why commercial and financial interactions have grown exponentially as a result of COVID-19.

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