202316 Nov

Amsterdam-based Silverflow raises €15 million to fast track expansion of cloud-based payments processing platform

Summary

Within four years, Silverflow has won some of the biggest names as customers throughout Europe, North America, and APAC including Deutsche Bank, Transaction Services, Buckaroo, PAYABL., Intergiro, and more. Former Mastercard Europe CEO and Founder & Managing Director of Global Paytech Ventures Javier Perez said: “We are delighted to lead this round, raising €15 Million cash. We would also like to extend a thank you to our fellow co-investors.” Florian Reichert, Partner and Managing Director at Picus Capital, added: “We are excited to join Silverflow’s journey after having followed the company very closely since its seed round. The team has built a best-in-class solution that is disrupting the payment processing market and we are convinced they will continue to build the clear category leader in the space. We very rarely received such strong customer feedback and expert validation which underlines their innovative product vision and superior technology.” The payments industry has seen its fair share of disruptors in the past decade or so with players like Adyen, Stripe, Paypal and more making huge technological improvements to the front end, providing easy-to-use and innovative solutions for merchants to leverage the latest payments options on the market.

Source: Eu-startups

Funding

$16.09M
Amount
Nov 16 2023
Date
-
Investor
Amsterdam
Company

Classifications

Companies