The latest funding update from Silverflow;
Silverflow, the cloud-native payment processing company, has successfully closed a $40 million (€37 million) Series B funding round, marking a major milestone as the company approaches one billion transactions processed annually.
The significant investment was led by Munich-based deep-tech investor Picus Capital, with participation from Rabo Investments – Corporate Venturing, and existing investors, Inkef, GPT, Crane and Coatue. This European-led capital injection will be used to solidify Silverflow’s position as the new standard in payment processing, accelerating its global expansion, enhancing its product suite and funding a massive increase in its global workforce by more than 50%.
Anne Willem De Vries, CEO and Co-founder of Silverflow, said: “This investment is a clear validation that the market is ready to move past the ‘legacy drag’ of outdated systems.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.
“We’re empowering our customers to simplify complexity, accelerate time-to-market and achieve exponential revenue growth. This investment confirms that our focus on un-fragmenting the global payments ecosystem is the right strategy for every company aiming for financial stability and global scale.”
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