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Silverflow raises USD 17 mln in Series A

Friday 17 December 2021 09:59 CET | News

Silverflow, a global payment technology company, has raised USD 17 million in Series A led by Coatue Management.

Previous investors Crane Venture Partners and INKEF Capital also participated in the round, along with Global Paytech Ventures and angel investors Jason Gardner, Founder and CEO of Marqeta, and Gokul Rajaram, a former Square product lead and current Coinbase board member.

According to the official press release, the investment will be used to grow the team from 24 to 70 people over the next two years, expand into the US, and strengthen the company’s balance sheet.

Silverflow offers PSPs, acquirers, and merchants a connection to card networks through simple APIs. 


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Keywords: funding, API, payment methods, PSP, merchant
Categories: Payments & Commerce
Companies:
Countries: Netherlands
This article is part of category

Payments & Commerce