Amsterdam fintech Silverflow raises €15M to fuel its “aggressive” global expansion plans
Amsterdam-based Silverflow, a payment processing technology startup, has raised €15M in a fresh round of funding led by Global Paytech Ventures, featuring participation from Picus Capital, Coatue, Crane Venture Partners, Inkef, and various angel investors. According to Silverflow, the funding round resulted in a valuation that’s “substantially higher” than the company’s Series A valuation in 2021. Former Mastercard Europe CEO and founder & MD of Global Paytech Ventures, Javier Perez says, “Silverflow presents a unique opportunity for enabling both legacy and new players of any kind to have access to deploy the most modern, secure and efficient payments processing platform to acquirers, PSPs, PayFacs and merchants to enable them to outperform existing legacy players.” Silverflow will use the money to accelerate its global expansion plans. This strategic move follows the company’s entry into the US and APAC markets earlier in the year, during which the company secured new customer contracts in these regions.
Fintech & Banking