Ryft raises £20m Series B for Europe and US expansion
Gresham House Ventures led the round, with Pembroke VCT, Ingenii Capital and PXN Ventures participating.
Ryft plans to accelerate adoption among high-growth and enterprise businesses as it expands internationally.
The company reports payment volume tripled in the preceding year and more than 6,500 businesses use the platform. That operating scale underpins its next growth phase.
The funding extends embedded payments for marketplaces, platforms and multi-location businesses, including seller onboarding and split transactions.
Use of funds
Expand into Europe and the United States
Accelerate adoption among high-growth and enterprise businesses