David Woliner Becomes Senior Payments Legal Counsel At Rapyd

David Woliner has taken on a new role at Rapyd, a global payments company that provides fintech services to businesses. He now works as Senior Payments Legal Counsel. In a LinkedIn post, Woliner said he is excited to begin this new chapter. His role includes guiding the company through legal and compliance matters.

Before joining Rapyd, Woliner spent more than nine years at Porat Group. He worked as a Senior Associate and Head of Financial Regulation. His team focused on helping companies follow important financial laws. A colleague once said Woliner was known for clear thinking and deep legal knowledge.

David Woliner Shares His Work Experience

Earlier in his career, Woliner worked at the Israel Securities Authority. He served as an attorney from 2010 to 2015. During this time, he helped monitor and enforce financial and securities laws. In one interview, Woliner said this early experience shaped his understanding of public financial systems.

Woliner also completed an internship at the U.S. Securities and Exchange Commission. There, he gained global experience in financial law. He said working with American regulators helped him understand different legal systems. This gave him the tools to work across borders in complex fintech matters.

Rapyd expanded its global reach by opening a new office in Dubai. The company became the first Israeli fintech firm regulated under UAE law. Rapyd said Dubai was chosen for its strong financial sector and modern outlook. This move was part of a larger plan to serve more regions.

The Dubai office is located in the Dubai International Financial Centre (DIFC), a major financial hub. The company received In-Principal Approval from the Dubai Financial Services Authority. This approval allows Rapyd to offer financial services in the UAE. A spokesperson said this step helps Rapyd operate with full legal confidence.

This expansion came after Rapyd completed a $300 million Series E funding round. The funding was used to grow its reach and improve services worldwide. The company said it planned to enter key markets with strong growth potential. The UAE was identified as a top area for fintech expansion.

Rapyd’s Global Growth Strategy Includes Acquisitions And Key Hires

Rapyd said the UAE’s financial environment supports innovation and progress. The country’s changing rules and strong economy create a strong environment for fintech. Woliner’s job will involve helping Rapyd follow these rules. His legal advice will be important as the company grows in this region.

Three years ago, Rapyd acquired Valitor, a payments company based in Europe. The $100 million deal helped Rapyd expand its services across the continent. Company leaders said the acquisition was a smart step toward global leadership. It also added new tools and markets to Rapyd’s portfolio.

Hiring experts like David Woliner is part of Rapyd’s growth plan. The company said legal leadership is important for success in different countries. Woliner brings years of legal experience in both local and global markets. His role will help Rapyd manage complex laws across regions.