Amsterdam-based Silverflow has announced a $40 million Series B funding round led by Picus Capital, with participation from Rabo Investments and existing investors Inkef, Global PayTech Ventures, Crane Venture Partners, and Coatue.
Cloud-Native Platform for Payments
Silverflow provides a cloud-native card payment processing platform designed to modernize payment infrastructure. Its platform offers a single API connection directly to card networks, enabling payment service providers (PSPs), acquirers, payment facilitators, and merchants to process transactions while accessing enriched payment data and real-time insights.
Funding Goals
The new funding will support global expansion, product development, and team growth. Silverflow plans to increase its workforce by more than 50 per cent to around 120 employees, while strengthening its presence in North America and Southeast Asia. The company also plans to expand support for additional card networks, enhance its developer tools, and broaden its capabilities for in-store card payments.
Rapid Growth
Over the past two and a half years, Silverflow has grown from processing around 180 transactions per day to nearly 1.75 million daily, highlighting the rapid adoption of its platform. Its customers include acquiring banks, payment companies, and high-growth commerce platforms operating across Europe, North America, and Asia-Pacific.
๐ฌ Comments (0)
๐ Log in or register to comment on articles.
No comments yet. Be the first to comment!