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Ryft raises $7.3m in Series A funding

Manchester England based automated payment platform for marketplaces and digital platforms raised $7.3m in Series A funding led by EdenBase.

“With this funding round, we’ll continue our mission of giving acquiring banks, marketplaces and platforms the technology they need to automatically split payments and process payouts at a much lower cost than solutions offered by Stripe Connect, Adyen and others in the market.”

Tags

payment, marketplaces