WebFinextra — Marketplace payments platform Ryft secures seed investment News • Sep 1, 2024 UKTN UK Tech News — Stripe rival Ryft raises £1.2m for merchant payment system WebFeb 5, 2024 · Ryft is a payment as a service system, enabling automated next-day payouts for marketplace businesses and their merchants, in a PSD2 compliant manner. The deal will not complete without a minimum £10k syndicate commitment - commitments need to be confirmed by end of February, but we’d like to take an indicative commitment to the …
Ryft · GitHub
WebJan 9, 2024 · The Ryft platform processes payments and automatically diverts funds to merchants and sub-merchants the next working day. This end-to-end solution, which is a fully PSD2 compliant payments system, handles everything from accepting online payments, verifying and onboarding merchants, to splitting up the payments however a business … WebSep 1, 2024 · Image credit: Ryft. Ryft has closed a seed round of funding that brings the total raised by the fintech startup to £1.2m for its automated next-day merchant payments system. The Ryft seed round was led by SFC Capital, with further investment coming from the ex-founder of Shutterstock and the founder of LoveFilm. The London-based … ben joseph
UK payments startup Ryft wins FCA licence - finextra.com
WebSep 2, 2024 · The London-based company’s payment solution integrates into an online marketplace and accepts payments from all major cards, along with Google and Apple Pay. Ryft claims that its solution comes without the high fees and protracted wait times for payment, with merchants receiving funds the next working day and Ryft charging a flat … WebApr 11, 2024 · According to Ryft, its platform processes payments and automatically diverts funds to merchants and sub-merchants the next working day. Describing itself as Stripe Connect “without the high fees and length payout wait times”, Ryft’s PSD2 compliant payments system is part of the five per cent of businesses to get through the FCA ... WebApr 11, 2024 · Ryft secures FCA licence. Following the announcements, Ryft will benefit from multiple new opportunities, as a newly regulated payment facilitator to other companies and acquirers. The licence was obtained a couple of months after the company secured GBP 1,2 million in a seed round in August 2024. Its platform was designed to … ben kai otk