Silverflow’s Global Expansion: Approaching One Billion Transactions Annually

Silverflow Expands Rapidly After Series B Funding

Silverflow, a leading Dutch cloud-native payment processing company, is on a fast track for expansion following the signing of a new US customer, a significant increase in headcount, and a move to new headquarters to accommodate growing global demand.

This strategic move comes hot on the heels of Silverflow’s successful closure of a €37 million ($40 million) Series B funding round in March, as reported by EU-Startups.

Co-founder and CEO of Silverflow, Anne Willem de Vries, expressed excitement about the company’s growth, stating, “Moving into a new office is a tangible sign of our progress. Our team has grown substantially in just six years, and the need for more space and resources to innovate is evident. This move signifies our momentum and growth trajectory.”

Anne further emphasized Silverflow’s commitment to international expansion, stating, “Having established a strong presence in Europe, our focus is now on scaling globally and becoming the most trusted payment processor in the world.”

Launched in 2019, Silverflow offers a cloud-native solution with a unified API for card networks, aiming to streamline processes, reduce costs, and provide rich data insights for users.

With a remarkable growth trajectory, Silverflow has scaled from processing 180 transactions per day to nearly 2 million within two and a half years, nearing one billion transactions annually. The company’s target is to reach €85 billion ($100 billion) in annual payment value processed.

Silverflow’s success is attributed to its expanding portfolio of enterprise clients, including notable names like Deutsche Bank, Bolt, payabl., and Buckaroo, spanning across Europe, North America, and Asia-Pacific.

The company’s product offerings continue to evolve, with plans to support China UnionPay and JCB, in addition to existing networks like Visa, Mastercard, American Express, and others. Enhanced in-store payment capabilities and new front-end tools are also in the pipeline.

Since securing its Series B funding, Silverflow has onboarded a new US client and expanded its presence in Southeast Asia, a region with high growth potential in the global payments landscape.