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Rapyd, which offers fintech-as-a-service via a single API, adds $20M more to its coffers at a $1.2B

Techcrunch

One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting startups) to get improved economies of scale in a business model where every transaction brings incremental returns.

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