Silverflow's Innovative Cloud-Based Payments Processing Platform Raises €15 Million Investment Led By Global Paytech Ventures
Nov 16, 2023•about 2 years ago
Amount Raised
€15 Million
Investors
InkefCrane Venture PartnersCoatuePicus CapitalGlobal Paytech Ventures
Description
Silverflow, a cutting-edge payment processing technology company, has secured a €15 Million investment led by industry veterans and payments experts at Global Paytech Ventures. Picus Capital, Coatue, Crane Venture Partners, Inkef, and several angel investors also participated with a valuation substantially higher than Series A in 2021. The investment will be used to fast-track Silverflow's aggressive global expansion plans. This announcement comes on the heels of Silverflow's official expansion into the US and APAC markets earlier this year, after which the company swiftly secured new customer contracts in these regions.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech