back Back

FinTech Ryft expands to Europe with Clearhaus partnership

By Gloria Methri

April 22, 2024

  • Automated Payments
  • B2B Payments
  • Clearhaus
Share

Ryft, Clearhaus, FinTech, Merchant Acquiring, Payments, Europe, UKManchester FinTech Ryft has partnered with Clearhaus, allowing the Danish acquirer to leverage its technology solutions and cater to digital platforms and marketplaces.

By partnering with Ryft, Clearhaus has a new way to serve the growing European digital business community. Over 23,000 underserved digital platforms and 3,000 marketplaces are looking for a compliant way to monetise transactions. Traditionally, building technology to facilitate this monetisation for merchants requires high overheads, expert teams, and complex licensing.

Through this alliance with Ryft, these businesses will be able to process PSD2-compliant transactions whilst capitalising on the transactions moving through their platforms and developing new revenue streams to help them scale.

As part of the deal, the FinTech will leverage its gold standard FCA licence to allow Clearhaus to scale into the UK market.

Speaking on the alliance, Sadra Hosseini, CEO and co-founder at Ryft, said, “We have been working closely with the Clearhaus team over the last year to bring an exciting payments proposition to the market together, which we’re delighted to have finally launched. The Clearhaus vision aligns closely with the Ryft ethos: moving fast, building for customer needs, and focusing on providing the best technology in the market. We are excited for this partnership to grow and for Ryft to scale across Europe with the help of Clearhaus.”

Commenting on the partnership, Djoek Derksen, Senior International Partner Manager at Clearhaus said, “We are thrilled about the expansion of our partner portfolio through the new collaboration with Ryft, a specialist in platform payments. This partnership is set to improve our offerings, bringing forth a modern, competitive platform payment solution. Combined with our extensive currency support, this solution is well-tailored for merchants across Europe. Together with Ryft, we aim to bring our rapid onboarding times to provide a seamless payment experience.”

Previous Article

April 22, 2024

FinTech AffiniPay expands footprint in Puerto Rico

Read More
Next Article

April 22, 2024

Revolut forays into New Zealand to drive joint finance management

Read More








IBSi Daily News Analysis

Complaints Fraud

May 22, 2024

Automated Payments

UK SMEs lack fraud protection, facing significant financial risks, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Sabre Hospitality and Uplift partner to offer flexible hotel payments

Read More

Today

American Express & Emburse bring integrated expense management solutions to SMEs

Read More

Today

SurePay teams up with FIS to deliver Verification & CoP solutions

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023