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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