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Ryft secures €23 million Series B for payments expansion

Ryft secures €23 million Series B for payments expansion Image: Primary
Manchester payments company Ryft secured a €23 million (£20 million) Series B led by Gresham House Ventures. Ryft said it will use the funding to expand in Europe and the U.S., accelerate product development and move upmarket. The company offers a single integration for seller onboarding, recurring billing, split payments and cross-border payouts. Ryft has applied to Malta's financial regulator for a full EU license, which it says would allow it to passport services across the EEA.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
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