Financial and Business News

Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team

Tuesday, 06/05/2025 | 09:28 GMT by Tareq Sikder
  • David Woliner has joined Rapyd as Senior Payments Legal Counsel after over nine years at Porat Group.
  • Woliner spent five years at Israel’s securities regulator and previously interned at the US SEC.
Rapyd

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.

Source: LinkedIn
Source: LinkedIn

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.

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.

Source: LinkedIn
Source: LinkedIn

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.

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About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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