Amsterdam-based fintech startup, Silverflow, has recently announced securing €15 million in funding to further accelerate the growth of its cloud-based payments processing platform across the European Union (EU). The funding round was led by venture capital firms, Crane Venture Partners and INKEF Capital, with participation from notable angel investors.
Silverflow aims to revolutionize the outdated payments infrastructure by providing a modern, cloud-native platform that enables businesses to process online payments seamlessly. The company’s innovative technology allows merchants to accept and process payments from various payment methods, including credit cards, debit cards, and alternative payment solutions.
The funding will be utilized to expand Silverflow’s operations and strengthen its presence in the EU market. The company plans to hire additional talent, invest in research and development, and enhance its product offerings. With this investment, Silverflow aims to become a leading player in the European payments industry.
One of the key advantages of Silverflow’s platform is its ability to offer a unified payment processing solution across multiple countries within the EU. This eliminates the need for businesses to navigate complex regulatory frameworks and establish separate payment infrastructures in each country they operate. By leveraging Silverflow’s platform, merchants can streamline their operations and focus on scaling their business across borders.
The cloud-native architecture of Silverflow’s platform provides scalability, flexibility, and enhanced security. By utilizing the power of the cloud, the company can handle high transaction volumes efficiently while ensuring data privacy and compliance with industry standards. This enables businesses of all sizes to process payments seamlessly, regardless of their transaction volumes or geographic locations.
Silverflow’s platform also offers advanced analytics and reporting capabilities, allowing merchants to gain valuable insights into their payment transactions. This data-driven approach helps businesses optimize their payment processes, identify potential bottlenecks, and improve customer experiences. By leveraging these insights, merchants can make informed decisions to drive growth and increase revenue.
The COVID-19 pandemic has accelerated the shift towards digital payments, making Silverflow’s cloud-based platform even more relevant in today’s market. As consumers increasingly prefer online shopping and contactless payments, businesses need robust and agile payment processing solutions to meet these evolving demands. Silverflow’s platform addresses this need by providing a modern, scalable, and secure solution that can adapt to changing market dynamics.
The recent funding round is a testament to the confidence investors have in Silverflow’s vision and potential. With the additional capital, the company is well-positioned to expand its market reach, onboard new clients, and further enhance its technology. As Silverflow continues to disrupt the payments industry, it is poised to become a key player in the European market, driving innovation and transforming the way businesses process payments across borders.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: Plato Data Intelligence.
- Source Link: https://zephyrnet.com/amsterdam-based-silverflow-raises-e15-million-to-fast-track-expansion-of-cloud-based-payments-processing-platform-eu-startups/