David Woliner has joined Rapyd, a global payments company
that provides fintech services to businesses, as Senior Payments Legal Counsel.
He announced the move on LinkedIn today.
Woliner Brings Regulatory Expertise to Rapyd
Before joining Rapyd, Woliner spent over nine years at Porat
Group. He served as Senior Associate and Head of Financial Regulation. He
worked there from 2016 until May 2025. He was based in Tel Aviv-Yafo, Israel.
His focus included financial regulation and regulatory compliance.
Earlier, Woliner worked at the Israel Securities Authority.
He was an attorney at the regulator from 2010 to 2015. He was involved in
financial and securities regulation.He also interned at the US Securities and
Exchange Commission during his early career.
Rapyd Expands to Dubai, Targets UAE Fintech Market
In 2022, Rapyd
announced the opening of a new office in Dubai to become the first Israeli
company regulated in the United Arab Emirates (UAE).
The fintech firm is now registered at the Dubai
International Financial Center (DIFC), one of the largest financial hubs in the
Middle East and South Asia. As part of the move, Rapyd has received
In-Principal Approval (IPA) from the Dubai Financial Services Authority (DFSA)
under its money services regime.
This strategic step comes after Rapyd’s successful $300
million Series E funding round, which took place approximately 10 months
earlier. The company’s expansion into the UAE is part of its broader strategy
to increase its presence and market share in the region.
Rapyd has identified the UAE as a crucial market for its
global growth, considering the country’s evolving fintech landscape and its
position as a key financial center.
In July of the previous year, Rapyd
announced the acquisition of Valitor in a deal worth $100 million to expand
its presence in the European region.
This article was written by Tareq Sikder at www.financemagnates.com.
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