Amsterdam-based payment infrastructure fintech Silverflow has raised $40 million (€37 million) in a Series B funding round as the company looks to accelerate global expansion and further scale its cloud-native payment processing platform.
The round was led by Picus Capital, with participation from Rabo Investments – Corporate Venturing and existing investors Inkef, GPT, Crane, and Coatue.
Founded in 2019, Silverflow provides cloud-native payment processing infrastructure that connects directly to global card networks through a single API. The platform is designed to help acquiring banks, payment providers, and commerce platforms simplify payment operations while reducing the complexity associated with legacy processing systems.
The company said the new capital will be used to expand internationally, strengthen its product offering, and significantly increase headcount as demand for modern payment infrastructure continues to grow.
Silverflow has experienced rapid growth over the past two and a half years, increasing processing volumes from approximately 180 transactions per day to nearly 1.75 million daily transactions. The company is now approaching one billion transactions processed annually and has set a long-term target of reaching $100 billion in annual payment volume.
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Its customer base includes organizations such as Deutsche Bank, Bolt, payabl., and Buckaroo, alongside a growing number of acquiring banks and payment companies operating across Europe, North America, and Asia-Pacific.
As part of its expansion plans, Silverflow intends to increase its global workforce by more than 50%, growing from 85 employees to approximately 120, with hiring focused primarily on engineering and product development roles.
The company also plans to accelerate growth in North America through its New York operations while expanding its presence across Southeast Asia.
On the product side, Silverflow is extending support for additional card schemes, including China UnionPay and JCB, complementing existing integrations with Visa, Mastercard, American Express, Diners Club, Discover, and several domestic debit networks.
Additional investments will focus on front-end payment tooling, user interfaces, and expanded support for in-store payment acceptance as the company continues building a broader end-to-end payments infrastructure platform.
The funding reflects continued investor interest in payment processing infrastructure providers that are modernizing card network connectivity and helping financial institutions replace legacy processing systems with cloud-native alternatives.
