BlockBeats News, March 6th, according to Techmeme, cloud-native payment processing company Silverflow announced the completion of a $40 million Series B funding round, led by Picus Capital, with participation from Rabo Investments and existing investors Inkef, Global PayTech Ventures, Crane Venture Partners, and Coatue.
The company is headquartered in Amsterdam and provides a cloud-native card payment processing platform designed to modernize payment infrastructure. Its platform directly connects to card networks through a single API, enabling payment service providers (PSPs), acquirers, payment facilitators, and merchants to process transactions while gaining rich payment data and real-time insights.
By replacing traditional payment processing technology with a flexible and scalable architecture, Silverflow aims to reduce system complexity and support innovation across the entire payment ecosystem.
