
London-Based Payment Processor Ryft Secured FCA License As Payment Institution!
Ryft a/k/a RyftPay, a UK fintech with the ambition to emulate the success of Stripe, has secured an FCA license as an Authorised Payment Institution following its £1.2 million seed round in August 2022. Ryft is supported by SFC Capital and the ex-founder of Shutterstock and the founder of LoveFilm. The London-based company’s payment solution integrates into an online marketplace and accepts payments from all major cards, along with Google and Apple Pay.