What is Ryft Pay?
Established in 2019, Ryft Pay operates as an Authorized Payment Institution, providing specialized payment solutions that automate complex financial flows for marketplaces and digital platforms. The company distinguishes itself through a robust value proposition, offering automated next-day payouts for merchants at a transparent, flat-fee structure. With PCI DSS Level 1 certification, Ryft Pay addresses the critical need for secure, compliant, and efficient transaction processing in an era where digital commerce demands seamless financial integration. Its market position is defined by its ability to reduce operational friction for platform operators while ensuring regulatory adherence.
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, Ingenii Capital, and British Business Bank
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.
Ingenii Capital
Ingenii Capital is an investment firm focused on partnering with visionary entrepreneurs to nurture next-generation technology companies, primarily targeting Seed and Series A stages.
British Business Bank
British Business Finance is a wholly owned subsidiary of British Business Bank plc, dedicated to increasing the supply of credit to small and medium enterprises.
What's next for Ryft Pay?
With this major enterprise-level funding, Ryft Pay is positioned to transition from a high-growth startup to a dominant player in the payment orchestration space. The strategic roadmap likely involves deepening its technological moat, potentially through the integration of advanced analytics or expanded cross-border payment capabilities. By leveraging the expertise of its backers, the company is well-equipped to navigate the challenges of scaling its infrastructure while maintaining the high standards of security and compliance required by the FCA. Future growth will likely focus on capturing a larger share of the marketplace economy, where the demand for automated, reliable payout systems remains a significant pain point for digital platforms.
See full Ryft Pay company page