Ryft Pay Overview
- Year Founded
-
2019
- Status
-
Acquired/Merged
- Employees
-
81
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$27.1M
- Investors
-
12
Ryft Pay General Information
Description
Developer of a payment system designed for automated next-day payouts for marketplace businesses and their merchants for a single flat fee per transaction. The company's platform specializes in automating multivendor payouts, with funds delivered the next working day, rapid onboarding, and transparent pricing, enabling businesses to accept payment from all platforms.
Contact Information
Website
www.ryftpay.com(Operating Subsidiary)
Corporate Office
- 1 Ryft Pay Limited, Cubo, Spinningfields
- Manchester M3 3EB
- England, United Kingdom
Corporate Office
- 1 Ryft Pay Limited, Cubo, Spinningfields
- Manchester M3 3EB
- England, United Kingdom
Ryft Pay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B) | 17-Sep-2026 | $27.1M | Completed | Generating Revenue | ||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Later Stage VC (Series A) | 14-Oct-2025 | Completed | Generating Revenue | |||
| 4. Seed Round | 06-Apr-2023 | Completed | Generating Revenue | |||
| 3. Merger/Acquisition | 12-Jan-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 05-Jan-2021 | $538K | $538K | Completed | Generating Revenue | |
| 1. Grant | 01-Jul-2020 | $62.6K | Completed | Startup |
Ryft Pay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preferred B | ||||||||
| Preferred B | ||||||||
| Ordinary B | ||||||||
| Ordinary A | ||||||||
| Ordinary A | 319,121 | $0.013550 | $5.31 | $5.31 | 1x | $5.31 | 4.97% | |
| Ordinary A | 425,532 | $0.013550 | $1.27 | $1.27 | 1x | $1.27 | 6.63% |
Ryft Pay Comparisons
Industry
Financing
Details
Ryft Pay Competitors (2)
One of Ryft Pay’s 2 competitors is Online Payment Platform, a Corporate Backed or Acquired company based in Delft, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Online Payment Platform | Corporate Backed or Acquired | Delft, Netherlands | ||||
| Lemonway | Venture Capital-Backed | Paris, France |
Ryft Pay Signals
Ryft Pay Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Innovate UK | Government | |||
| KCP Nominees | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| SFC Capital | Venture Capital | Minority |
Ryft Pay FAQs
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When was Ryft Pay founded?
Ryft Pay was founded in 2019.
-
Where is Ryft Pay headquartered?
Ryft Pay is headquartered in Manchester, United Kingdom.
-
What is the size of Ryft Pay?
Ryft Pay has 81 total employees.
-
What industry is Ryft Pay in?
Ryft Pay’s primary industry is Financial Software.
-
Is Ryft Pay a private or public company?
Ryft Pay is a Private company.
-
What is the current valuation of Ryft Pay?
The current valuation of Ryft Pay is .
-
What is Ryft Pay’s current revenue?
The current revenue for Ryft Pay is .
-
How much funding has Ryft Pay raised over time?
Ryft Pay has raised $36.3M.
-
Who are Ryft Pay’s investors?
Innovate UK, KCP Nominees, , and SFC Capital have invested in Ryft Pay.
-
Who are Ryft Pay’s competitors?
Online Payment Platform and Lemonway are competitors of Ryft Pay.
-
When was Ryft Pay acquired?
Ryft Pay was acquired on 17-Sep-2026.
-
Who acquired Ryft Pay?
Ryft Pay was acquired by OrderPay.
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