<ul><li>London-based Ryft raises €6.6 million in a Series A round to develop technology for acquiring banks to compete with payment providers like Stripe Connect and Adyen.</li><li>The funding round was led by EdenBase with participation from GPOS Investments, British Business Bank, Pembroke VCT, Sidebyside, and Ingenii VC.</li><li>Ryft offers technology that enables acquiring banks to overcome challenges faced in the evolving payments industry and is actively seeking strategic partnerships.</li><li>Over 1,500 businesses have already implemented Ryft, reporting significant cost savings compared to Stripe, and the company aims to transform the acquiring ecosystem.</li></ul>

Ryft secures €6.6 million to equip acquirers & merchants with technology to rival Stripe Connect and Adyen

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