Payment processor Silverflow raises $40m

Rabo Investments - Corporate Venturing, Inkef, GPT, Crane and Coatue joined the round for Silverflow, which was founded by former senior execs at Ayden.

Over the past two and a half years, Silverflow has grown from processing around 180 transactions per day to almost 1.75 million daily. Customers span acquiring banks, payment companies, and high-growth commerce platforms operating across Europe, North America and Asia-Pacific, including Deutsche Bank, Bolt, Payabl. and Buckaroo.

With funding in place, the company plans to increase its global workforce by more than 50%, expanding from 85 to approximately 120 employees, with a particular focus on software engineering and product development.

Geographically, the capital will accelerate Silverflow’s expansion in North America, bolstering the New York office, and further establishing its presence in Southeast Asia.

On the product front, the firm plans to build out support for additional card networks, such as China UnionPay and JCB. It will also invest in new front-end tools and UIs to make its data-rich APIs more accessible.

Anne Willem De Vries, CEO, Silverflow, says: “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.”