Amsterdam-based Silverflow is expanding its cloud-native payment processing platform to support global growth, enhance product capabilities, and strengthen its team as adoption of its modern card processing infrastructure accelerates.
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CEO and Co-founder of Silverflow, the investment signals that the market is ready to move beyond the limitations of outdated legacy systems: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 for in-store card payments.