Dutch payments technology firm Silverflow closes €37 million Series B; plans to grow workforce by over 50%

Amsterdam-based cloud-native payment firm Silverflow has secured €37 million in a Series B funding round, signaling significant investor confidence in its modern approach to payment processing. This capital injection is poised to fuel substantial global expansion, enhance its product offerings, and notably grow its workforce by over 50%, underscoring a strategic push to challenge established legacy systems in the fintech sector. The funding, led by DeepTech investor Picus Capital and including Rabo Investments, highlights a growing trend towards cloud-native solutions designed to streamline complex payment infrastructures. Silverflow's cloud-based platform differentiates itself with a single API offering direct, real-time connections to card networks and enriched data insights. Key features such as 3D Secure, network tokenisation, direct-to-card payouts, and a dispute management portal are central to its value proposition. The company reports a remarkable growth trajectory, processing nearly 1.75 million transactions daily and approaching one billion annually, demonstrating a clear market demand for its agile and efficient services. This rapid scaling indicates a successful disruption of the traditional, often monolithic payment infrastructure. This substantial investment will empower Silverflow to further solidify its position as a global standard, particularly by accelerating its expansion into North America and Southeast Asia. The company plans to bolster its New York office and deepen its presence in Asia, while also enhancing its product suite with support for additional card networks like China UnionPay and JCB. Furthermore, Silverflow aims to improve in-store payment capabilities and develop more accessible front-end tools, thereby strengthening its end-to-end payment processing offering for a diverse clientele, including major banks and commerce platforms.