Ryft in the News - UK payments startup Ryft wins FCA licence
Co-founders Sadra Hosseini and Alex Mackenzie quickly scaled Ryft by learning from their previous exit in a marketplace platform
Ryft, a UK startup hoping to emulate the success of Stripe, has received an FCA licence following its £1.2 million seed raise in September.
Ryft's platform processes marketplace payments and then automatically diverts funds to merchants and sub-merchants the next working day. The API-based package handles everything from accepting online payments, verifying and onboarding merchants, to splitting up the payments however a business wants.
