Ryft Secures $5.7M in Series A to Revolutionize Payments for Decentralized Platforms

We are excited to announce that Ryft, the payment platform built to usher marketplaces and digital platforms into the 21st century, has successfully raised 5,700,000 in its latest funding round. This milestone is a testament to the growing confidence in our vision to simplify and revolutionize the landscape of multi-sided payments. As traditional e-commerce websites face a paradigm shift towards decentralization over the next decade, Ryft is strategically positioned to provide the bridge from centralized systems to innovative, decentralized solutions. Our end-to-end, plug-and-go approach is designed for marketplaces and peer-to-peer platforms, streamlining complex payment processes while ensuring security and compliance—including PSD2 requirements. The infusion of 5.7 million will empower our team to accelerate product development and expand our market outreach. With these new resources, we are set to enhance our platform’s capabilities, integrating advanced automation into the payment flow so that businesses can operate more efficiently in a rapidly evolving digital economy. Beyond furthering our technological edge, this funding will also enable us to forge key partnerships and explore new markets, thereby expanding the reach and impact of our solution. At a time when businesses are increasingly prioritizing seamless payment experiences and regulatory compliance, Ryft stands out as the facilitator of a smooth transition toward decentralized commerce. We invite interested parties to reach out to learn how Ryft can help you become PSD2 compliant while streamlining your payment processes for a future-ready approach.