Our firm represented Rapyd Financial Network in the acquisition of Valitor hf from Arion Bank for the amount of 100 million USD.
Valitor is a well-established payments brand and considered one of Europe’s payments leaders, providing both in-store and online payments acceptance solutions as well as card issuing to SMB merchants in Iceland, the U.K. and Ireland, and across Europe.
Rapyd’s cloud-based technology allows for integration of payments and FinTech services into any web or mobile application, offering local payment methods while managing compliance and regulatory requirements. With Rapyd’s capabilities, businesses and merchants using Vailtor can offer new services and enter new markets.
Rapyd Financial Network was represented by partner Shlomo Landress together with senior associate Dan Fisher and associate Danya (Sakols) Klapholz.
