Silverflow, a cloud-native payments infrastructure company based in Amsterdam, has raised €37 million in a Series B funding round to support international expansion, product development, and team growth.
The round was led by Picus Capital, with participation from Rabo Investments and existing investors Inkef, GPT, Crane, and Coatue. The funding will help the company strengthen its payment processing platform and expand its presence across global markets.
What The Company Does
Founded in 2019 by Anne Willem de Vries, Paul Buying, and Robert Kraal, Silverflow develops a cloud-native card processing platform designed to provide payment providers with direct access to major card networks through a single API.
The company’s system allows acquiring banks, payment service providers, and commerce platforms to connect directly to card networks while accessing detailed transaction data in real time. Its infrastructure is designed to replace older payment processing systems that rely on legacy architecture and fragmented integrations.
Silverflow’s platform includes several core features such as 3D Secure authentication, network tokenization, dispute management, and direct-to-card payouts. By operating on a cloud-native infrastructure, the platform can deliver automatic updates and enriched transaction data without requiring complex system upgrades.
The company’s approach aims to simplify payment processing operations while enabling providers to build new payment products and services on top of a unified technical framework.
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Market Context / Industry Background
Global digital payments continue to expand rapidly as online commerce, mobile payments, and digital financial services grow across international markets. At the same time, many financial institutions and payment providers still rely on legacy card processing systems originally designed decades ago.
These legacy systems often limit the ability of payment providers to introduce new features or respond quickly to changes in card network requirements. As payment volumes increase and regulatory expectations evolve, financial institutions are increasingly exploring modern infrastructure platforms that offer greater flexibility and transparency.
Cloud-native payment platforms have emerged as an alternative architecture that allows providers to process transactions more efficiently while gaining access to richer operational data. These systems can support faster product development cycles and improved fraud monitoring while reducing operational complexity.
Companies like Silverflow aim to modernize the infrastructure layer connecting payment providers with global card networks.
Founder / Investor Commentary
Silverflow CEO and co-founder Anne Willem de Vries said the new investment reflects increasing demand for modern payment infrastructure that replaces legacy processing systems.
“This investment is a clear validation that the market is ready to move past the legacy drag of outdated systems,” de Vries said.
He added that Silverflow’s focus on building a fully cloud-native processing platform positions the company to play a central role in the modernization of global payment networks.
“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,” he said.
De Vries emphasized that the funding will help the company expand its infrastructure and support the needs of financial institutions and payment providers seeking more scalable systems.
“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,” he said.
Growth Plans / Use Of Funds
Silverflow plans to use the new funding to accelerate hiring across its engineering and product development teams while expanding its international presence.
The company intends to increase its workforce by more than 50 percent as it scales development and operational capacity. A significant portion of the hiring will focus on strengthening the platform’s technical capabilities and supporting new product features.
Geographically, Silverflow is planning further expansion in North America and Southeast Asia as it seeks to broaden its customer base among global payment providers.
The company also plans to extend its card network integrations by adding support for China UnionPay and JCB. In addition, it will invest in improving front-end payment tools and enhancing capabilities for in-store payment transactions.
Silverflow has experienced significant growth since its launch. Transaction volumes processed through its platform have increased from approximately 180 transactions per day in its early stages to nearly 1.75 million daily transactions, approaching one billion transactions annually.
Its customers include acquiring banks, payment providers, and commerce platforms such as Deutsche Bank, Bolt, Payabl., and Buckaroo across Europe, North America, and the Asia-Pacific region.
About Silverflow
Silverflow is a cloud-native payments infrastructure company that provides a direct API connection to global card networks. Founded in 2019 and headquartered in Amsterdam, the company develops payment processing technology designed to replace legacy card infrastructure. Its platform enables payment providers, acquiring banks, and commerce platforms to process transactions, access enriched payment data, and scale operations across international markets.
