What is Ryft Pay?
Established in 2019 and headquartered in Manchester, England, Ryft Pay operates as an Authorized Payment Institution regulated by the Financial Conduct Authority (FCA). The company's core offering involves automating payment flows for marketplaces and digital platforms, facilitating automated next-day payouts for merchants at a competitive flat fee per transaction. Ryft Pay also holds PCI DSS Level 1 certification, ensuring the highest standards of security and compliance in its payment processing services. The company's focus on streamlining financial operations for digital businesses positions it as a key player in the rapidly evolving fintech landscape.
How much funding has Ryft Pay raised?
Ryft Pay has raised a total of $7.3M across 1 funding round:
Series A
$7.3M
Series A (2025): $7.3M with participation from EdenBase, British Business Bank, and Ingenii Capital
Key Investors in Ryft Pay
EdenBase
EdenBase is a venture capital fund that inspires, invests in, and enables tech-powered innovation, focusing on emerging technologies such as artificial intelligence and quantum computing. The company connects corporates, startups, communities, and investors to build ecosystems around significant technological shifts.
British Business Bank
British Business Finance is a wholly owned subsidiary of British Business Bank plc and located in Sheffield, United Kingdom. Its aim is to increase the supply of credit to small and medium enterprises as well as providing business advice services.
Ingenii Capital
Ingenii Capital is an investment firm focused on partnering with visionary entrepreneurs to nurture next-generation technology companies. They apply a technology-first approach, investing in early-stage software and deep-tech disruptors primarily outside the U.S., led by founders with deep industry understanding.
What's next for Ryft Pay?
With its recent major strategic investment, Ryft Pay is poised for accelerated expansion and product development. The enterprise-level funding suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially broadening its market reach. This capital will likely enable Ryft Pay to further refine its automated payment solutions, catering to a growing number of digital platforms and marketplaces seeking efficient, secure, and cost-effective transaction processing. The company's strategic positioning and regulatory compliance provide a strong foundation for future growth and innovation in the competitive fintech sector.
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