Silverflow, an Amsterdam-based cloud-native payment company, today announced that it has successfully closed a €37 million ($40 million) Series B funding round to accelerate its global expansion, enhance its product suite, and grow its global workforce by more than 50%.
The funding was led by Munich-based DeepTech investor Picus Capital, with participation from Rabo Investments – Corporate Venturing and existing investors Inkef, GPT, Crane, and Coatue.
Anne Willem De Vries, CEO and co-founder of Silverflow, said, “This investment is a clear validation that the market is ready to move past the ‘legacy drag’ of outdated systems.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.
“We’re empowering our customers to simplify complexity, accelerate time-to-market and achieve exponential revenue growth. This investment confirms that our focus on un-fragmenting the global payments ecosystem is the right strategy for every company aiming for financial stability and global scale.”
Founded in 2019 by de Vries, Paul Buying, and Robert Kraal, Silverflow offers a cloud-native solution with a single API to the card networks.
According to the company, its cloud-based card payment processing platform offers a direct connection to the card networks with real-time insights based on enriched data sources via APIs. Clients receive automatic updates, and core features include 3D Secure, network tokenisation, direct-to-card payouts, and a dispute-management portal.
“The payments infrastructure market is defined by monolithic, slow systems that stifle innovation. Silverflow has proven that a cloud-native, single-API approach is not just an alternative, but the inevitable evolution. Its incredible growth rate, customer momentum and more importantly customer feedback, now approaching one billion transactions processed annually, demonstrate the urgent market need for a modern processor,” said Florian Reichert, Partner at Picus Capital.
The company reports that over the past two and a half years, it has increased its processing volume from approximately 180 transactions per day to nearly 1.75 million daily. It is also approaching one billion transactions processed annually.
Its customers include acquiring banks, payment companies, and commerce platforms operating across Europe, North America, and the Asia–Pacific region. Reported clients include Deutsche Bank, Bolt, Payabl., and Buckaroo, among others.
To support this growth, Silverflow plans to expand its global workforce by more than 50%, increasing headcount from 85 to around 120 employees, with a particular focus on software engineering and product development.
Geographically, the fresh capital will accelerate the startup’s expansion in North America, including bolstering the New York office and further establishing its presence in Southeast Asia.
On the product front, Silverflow aims to expand support for additional card networks, including China UnionPay and JCB. This complements its existing business with Visa, Mastercard, American Express, Diners Club, Discover, and some local debit networks. It will also invest in new front-end tools and UIs to make its APIs more accessible, and will expand its end-to-end offering to provide enhanced support for in-store payments.
Back in 2023, the company secured a €15 million investment led by industry veterans and payments experts at Global Paytech Ventures.
Read the orginal article: https://www.eu-startups.com/2026/03/amsterdams-cloud-native-payment-company-silverflow-closes-e37-million-series-b-plans-to-grow-workforce-by-over-50/
