Iceland-based Rapyd 100mfaridi Crowdfundinsider, an Iceland-based provider of financial services software-as-a-service and solutions, is excited to announce that it has signed an agreement to acquire Valitor for EUR94 million ($100 million).
Valitor, a European leader in online and in-store payment technology for merchants, is Valitor. The transaction does not only include the purchase price but also includes the working capital as of July 2015.
Rapyd Iceland-based 100mfaridi Crowdfundinsider is proud to have acquired Valitor. This acquisition will give the company access to a new market and allow for the delivery of innovative payments solutions throughout Europe. Rapyd’s mission to make payments easier and more secure for businesses around the world is being fulfilled by this acquisition.
Arik Shtilman, Rapyd’s founder and CEO, said that Valitor has joined Rapyd Iceland-based 100mfaridi Crowdfundinsider. “This acquisition will help us move closer to our goal of becoming the leading provider of financial services software-as-a-service and solutions.
Rapyd’s purchase of Valitor is a testimony to its commitment to make payments easier and more secure for businesses worldwide, as well as in Iceland. We are excited to see what this partnership brings!
