Observed Signal · Sep 17, 2026 · Funding · Source: EU-Startups (European Venture) · Impact: 2/5 · Sentiment: Positive
UK FinTech Ryft secures €23M Series B
Manchester-based payments company Ryft has raised €23 million in a Series B funding round led by Gresham House Ventures, with participation from existing investors Pembroke VCT and Ingenii Capital. The round aims to accelerate the company's expansion into European markets and the US, and to support product development. Ryft builds payment solutions for marketplaces, platforms, and multi-location businesses, handling seller onboarding, recurring billing, automated split payments, and cross-border payouts through a single integration. The company has tripled processing volume over the past 12 months and serves over 6,500 businesses, including Epos Now and the Disasters Emergency Committee. Ryft has applied for an EU license from the Malta Financial Services Authority to passport its services across the European Economic Area.
Mid-stage investment in a UK payments startup; signals continued investor interest in European payment infrastructure but not transformative for the AdTech industry as a whole.
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Key Takeaways & Evidence Grounding
- Ryft secured a €23 million (£20 million) Series B funding round.
- The round was led by Gresham House Ventures, with participation from Pembroke VCT and Ingenii Capital.
- Ryft plans to use the funds for European and US expansion and product development.
- The company has applied for an EU license from the Malta Financial Services Authority.
- Ryft has tripled its processing volume over the past 12 months and serves over 6,500 businesses.
Connected Companies & Entities
4 Entities mapped“Since launch, Ryft has partnered with the likes of Global Payments, Visa, Mastercard, American Express and Nuvei....”
“Since launch, Ryft has partnered with the likes of Global Payments, Visa, Mastercard, American Express and Nuvei....”
“Since launch, Ryft has partnered with the likes of Global Payments, Visa, Mastercard, American Express and Nuvei....”
“Since launch, Ryft has partnered with the likes of Global Payments, Visa, Mastercard, American Express and Nuvei....”
Ontology Mapping & Concepts
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