Silverflow secures $40m to grow global payments platform

Silverflow has secured $40 million in Series B funding as the cloud-native payments processor approaches one billion transactions annually, underscoring growing investor interest in modernising global payment infrastructure.

The funding round was led by Picus Capital, with participation from Rabo Investments and existing backers including Inkef, Global PayTech Ventures, Crane Venture Partners, and Coatue. The Amsterdam-based company said the capital will support international expansion, product development, and a planned workforce increase of more than 50%.

Founded to replace legacy card processing infrastructure with a cloud-native architecture, Silverflow provides a single API platform designed to simplify payment processing for acquiring banks, payment providers and commerce platforms. The company said it is on track to process nearly one billion transactions annually and aims to reach $100 billion in annual payment volume.

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of Silverflow, said, “This investment is a clear validation that the market is ready to move past the ‘legacy drag’ of outdated systems.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.”

Silverflow reported rapid growth in transaction processing volumes, increasing from around 180 transactions per day roughly two and a half years ago to nearly 1.75 million daily. Its client base includes organisations such as Deutsche Bank, Bolt, Payabl and Buckaroo across Europe, North America and Asia-Pacific.

The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.

On the product side, the company plans to extend support for additional card networks including China UnionPay and JCB, alongside its existing integrations with Visa, Mastercard, American Express, Discover Financial Services and Diners Club International. Silverflow also plans to invest in new user interfaces and front-end tools to improve accessibility to its data-driven APIs, while expanding capabilities to support in-store payment processing.

The funding comes as payment providers and banks increasingly look to cloud-native platforms to improve scalability, accelerate product development, and support the growing complexity of global digital payments.