Ryft Raises $7.3M in Series A Funding to Power the Future of Decentralized Payments Platforms

Ryft, the cutting-edge payment platform designed to usher marketplaces and digital platforms into the modern era, has successfully raised €7,300,000 in its latest round of funding. This exciting infusion of capital marks an important milestone for the company as it accelerates its mission to enable the decentralisation of current centralised platforms such as traditional e-commerce websites. With growing demand for efficient, secure, and automated payment solutions that can seamlessly support multi-sided transactions, Ryft stands out with its innovative plug and go end-to-end solution tailored specifically for marketplaces and peer-to-peer (P2P) platforms. This new funding will be strategically deployed to further enhance Ryft’s robust technology infrastructure, fueling research and development to stay ahead of industry trends and ensure that merchants and users alike can navigate complex payment ecosystems with ease. As the payment landscape continues to evolve, Ryft’s advanced system simplifies complex payment processes and automates the flow of transactions, serving as a key enabler for platforms striving for regulatory compliance, including PSD2 requirements. By providing a reliable and forward-thinking approach to digital payments, Ryft is poised to support the upcoming wave of decentralisation over the next decade. The recent capital raise not only highlights investor confidence in Ryft’s vision but also underscores the growing recognition of the platform’s potential to transform payment consistency in dynamic digital marketplaces. As the company continues to make strides in simplifying payments and ensuring robust compliance, it remains at the forefront of empowering businesses to navigate the challenges of a rapidly changing financial landscape. Interested parties are encouraged to reach out to learn more about how to leverage Ryft’s solution and step confidently into the future of digital payments.