Silverflow, a cloud-native
payment processing company, has closed 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.
Founded in Amsterdam, Silverflow
provides a cloud-native card payment processing platform designed to modernise
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.
By replacing legacy processing
technology with a flexible, scalable architecture, the company aims to reduce
complexity and support innovation across the payments ecosystem.
According to Anne Willem DeVries, CEO and Co-founder of Silverflow, the investment signals that the market
is ready to move beyond the limitations of outdated legacy systems:
We’re the
only cloud-native company targeting this specific area, and this capital will
ensure we cement our position as the new standard in payment processing
globally. It’s not just about raising money – It’s about having the resources
to build the infrastructure that helps our customers, including acquiring
banks, payment companies and commerce platforms, to move faster and grow
bigger.
Over the past two and a half
years, Silverflow has grown from processing around 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.
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 forin-store card payments.