Ryft - About the company
Ryft is a series A company based in United Kingdom, founded in 2021 by Sadra Hosseini, Alex Mackenzie and Richard Kirby. It operates as a Provider of payment solutions for online marketplaces and platform businesses. Ryft has raised $10.8M in funding from EdenBase and SFC Capital, with a current valuation of $*****. The company has 55 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Atome, PayBox and Four.
Company Details
Provider of payment solutions for online marketplaces and platform businesses. The company offers tools to accept payments, manage subscriptions, automate payment splitting, and onboard sellers. It facilitates payment processing, split payments, and embedded payment options. The company provides regulatory compliance, security, and analytics for payment transactions.
Key Metrics
Founded Year
2021
Location
Stage
Series A
Total Funding
$10.8M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 06, 2023
Ranked
2nd among 55 active competitors
Employee Count
74 as on Jun 30, 2026
Legal entities associated with Ryft
Ryft is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RYFT PAY LTD CIN: 12128364 , United Kingdom, Active | Jul 29, 2019 | - | 8 (As on Dec 31, 2024) |
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Ryft's funding and investors
Ryft has raised a total funding of $10.8M over 7 rounds. Its first funding round was on Jan 11, 2021. Its latest funding round was a Series A round on Oct 14, 2025 for $*****. 2 investors participated in its latest round. Ryft has 15 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of Ryft:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 14, 2025 | 1657706 | Series A | 1837410 | 3203955 | 8396897 | 9129842 |
Apr 09, 2025 | 4778002 | Series A | 2743648 | 3997104 | 9512170 | |
Jan 09, 2024 | 4264728 | Grant (prize money) | 2615451 | 8196153 | 1536389 |
View details of Ryft's funding rounds and investors
Ryft's founders and board of directors
Founder? Claim ProfileThe founders of Ryft are Sadra Hosseini, Alex Mackenzie and Richard Kirby. Sadra Hosseini is the CEO of Ryft.
Here are the details of Ryft's key team members:
- Sadra Hosseini: Co-Founder & CEO of Ryft and founder of 1 other company. Contact Info: 1 email address
- Alex Mackenzie: Co-Founder & COO of Ryft and founder of 1 other company. Contact Info: 1 email address
- Richard Kirby: Co-Founder of Ryft.
View details of Ryft's Founder profiles and Board Members
Ryft's employee count trend
Ryft has 74 employees as of Jun 26. Here is Ryft's employee count trend over the years:
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Ryft's Competitors and alternates
Top competitors of Ryft include Atome, PayBox and Four. Here is the list of Top 10 competitors of Ryft, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online marketplace offering multi-category products on purchase finance | $31M | 68/100 | ||
2nd | Ryft 2021, United Kingdom, Series A | Provider of payment solutions for online marketplaces and platform businesses | $10.8M | 56/100 | |
3rd | Platform for pooling money with friends for group expenses | $100K | 53/100 | ||
4th | Four 2018, North Miami Beach (United States), Acquired | Payment splitting services | - | - | 49/100 |
5th | Mobile app to pool money from friends | - | 45/100 | ||
6th | Payments splitting solution for consumers | $4.44M | 40/100 | ||
7th | Online platform for money pooling | $250K | 36/100 | ||
8th | Provider of payment splitting and pay later solution | - | - | 35/100 | |
9th | SplitPay 2016, Poole (United Kingdom), Funding Raised | Online platform for purchase financing | - | 34/100 | |
10th | Provider of a platform to manage and control spending | $500K | 34/100 |
Looking for more details on Ryft's competitors? Click here to see the top ones
Ryft's Investments and acquisitions
Ryft has made no investments or acquisitions yet.
Reports related to Ryft
Here is the latest report on Ryft's sector:
News related to Ryft
Media has covered Ryft for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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Cyera acquires Ryft to give enterprises traceable data access for AI agentsSiliconAngle•Apr 24, 2026•Ryft, Cyera, Cyera, Ryft
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Ryft Receives Investment From Ingenii VC and Pembroke VCTFinSMEs•Oct 14, 2025•Ryft, Ingenii Capital, Pembroke VCT
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Ryft obtains GBP 7.4 million in a Series A funding round
The Paypers•Apr 09, 2025•Ryft, EdenBase, GPOS Investments, British Business Bank and 1 other
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Future Ticketing Looks Forward with Ryft PartnershipFintech Finance•Aug 13, 2024•Ryft, Future Ticketing
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Manchester Fintech Ryft Continues Its Upward Trajectory By Securing Innovate UK GrantFintech Finance•Jan 09, 2024•Ryft, Ukri
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