Through this partnership, Rakuten Viber can confidently step into the world of payments and become a leader in embedded finance, supported by Rapyd's licensed end-to-end fintech offerings." "We're proud to provide the infrastructure and licensing for global companies like Rakuten Viber, one of the world's most trusted and recognized messaging and communications platforms, to develop their own financial services without them having to build the foundation from scratch. "The future of payments is integrated fintech, and this partnership demonstrates why we founded Rapyd in the first place: to democratize fintech for all," says Arik Shiltman, CEO of Rapyd. As a result of this integration with Rapyd, Rakuten Viber is one of the first messaging platforms in the world to bring instant digital payments capabilities into its existing platform, allowing millions of its current users to conduct seamless digital personal and business transactions without having to leave the Viber app. Over 70% of smartphone users globally – more than 180 million smartphone users – are expected to use peer-to-peer mobile payments by the year 2026.
By selecting Rapyd as its first official payments partner, Rakuten Viber enters the global digital payments market.
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