Ryft Lands £20 Million Series B to Scale Multi-Party Payment Architecture Across Europe and the US

Editorial Calendar World-Region-Country Ryft Lands £20 Million Series B to Scale Multi-Party Payment Architecture Across Europe and the US The new funding brings Ryft’s total capital raised to approximately £27 million and directly supports the firm’s international expansion strategy across European and US markets. To facilitate seamless market entry across the continent, Ryft has formally submitted an application for a full European Union payments license with theMalta Financial Services Authority (MFSA), enabling the firm to passport its services throughout the European Economic Area (EEA). Founded in 2021 byAlex Mackenzie,Richard Kirby, and CEOSadra Hosseini, Ryft builds specialized payment solutions tailored for marketplaces, SaaS platforms, and multi-location enterprise businesses.

Modern platforms frequently struggle with legacy two-party payment rails that fail to handle complex, multi-party transaction flows efficiently. Ryft’sFCA-regulated infrastructure resolves these technical bottlenecks through a single unified API integration. The platform automates complex operational processes, including: Automated Split Payments:Facilitating real-time, compliant multi-party payouts across complex merchant hierarchies.

Automated Split Payments:Facilitating real-time, compliant multi-party payouts across complex merchant hierarchies. Streamlined Seller Onboarding:Automating KYC and compliance verification for multi-region platform merchants. Streamlined Seller Onboarding:Automating KYC and compliance verification for multi-region platform merchants.

Flexible Billing Workflows:Managing automated recurring subscriptions and multi-currency cross-border payouts. Flexible Billing Workflows:Managing automated recurring subscriptions and multi-currency cross-border payouts. Merchant Monetization:Allowing platform operators to generate additional revenue streams directly from processed transactions.

Merchant Monetization:Allowing platform operators to generate additional revenue streams directly from processed transactions. Over the past 12 months, Ryft’s processing volume has tripled. More than 6,500 commercial clients now utilize the infrastructure, including high-growth brands and organizations such asEpos Now,Chaiwalla,Daytrip,Sprive, and theDisasters Emergency Committee.

The landmark raise arrives amid broader European efforts to establish sovereign payment infrastructure capable of challenging entrenched global incumbents. “This round of investment means we can take what we’ve built in the UK into new