Ryft
United Kingdom · Fintech
Ryft provides embedded payment infrastructure for marketplaces and platforms, combining payment acceptance, seller onboarding, split payouts and payment operations.
Product
Ryft lets marketplaces and platforms accept online and in-person payments through one integration. Its APIs and hosted tools support seller onboarding and verification, payment acceptance, configurable commissions, automated splits between the platform and sellers, and delayed or recurring payouts. Operators can manage the payment flow and seller transactions without building each piece of payment infrastructure themselves.
The platform is designed for transactions involving multiple parties, such as a marketplace collecting from a buyer, deducting its fee and distributing the balance to a seller. It also serves retailers and multi-location businesses that need unified payment operations. Ryft reports more than 6,500 businesses using its platform and is authorized by the UK Financial Conduct Authority as a payment institution.
- Headquarters
- Manchester, United Kingdom
- Product
- Embedded payment processing for marketplaces, platforms and multi-location businesses
- Customers
- Marketplace and platform operators that collect money for multiple sellers or locations
- Maturity
- Commercially deployed with more than 6,500 businesses using the platform
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series B | £20M | Gresham House Ventures — LeadIngenii Capital — ParticipantPembroke VCT — ParticipantPXN Ventures — Participant |