PayLens /Companies

Rapyd Ísland

Acquirer · PSP

IcelandFounded 1983
Revenue
ISK 47B
as of 2025
Employees
203
as of Dec 2025
Headquarters
Hafnarfjörður
Website
rapyd.net

What it does

The Icelandic arm of Rapyd and the surviving legal person of Valitor, licensed by the Central Bank of Iceland as an electronic money institution. It sells card machines that take contactless payments, Apple Pay and Google Pay at the counter, and Rapyd Collect for cards, transfers and wallets online.

Deals · 5

  • Jul 2021·acquired by Rapyd · $112.5M
  • May 2020·sold Valitor A/S (formerly AltaPay A/S) to Christian Rasmussen (AltaPay co-founder)
  • Jul 2017·acquired Chip & PIN Solutions Ltd
  • May 2017·acquired IPS Ltd (International Payment Services)
  • Jan 2014·acquired AltaPay A/S · ISK 4.2B

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