After raising €15M, Amsterdam’s Silverflow announces new supervisory board to accelerate growth

Amsterdam-based Silverflow, a cloud platform for global card processing, announced on Tuesday that its executive leadership team will receive strategic support from a new supervisory board.

The announcement follows the €15M Series A1 investment led by Global Paytech Ventures in late 2023.

Who are they?

The board, with three independent and three shareholder-appointed members, will help Silverflow grow, advise on industry needs and solutions, and provide insights into payment technology’s future.

These independent members include:      

• Barbara Arnst – A seasoned transformation leader, with more than 20 years of experience as a consultant, investor, and executive. Currently a VP at Telenet, Barbara is responsible for the company’s agile transformation. Previously she was a principal at Bain&Company, a partner at Gimv, and COO at an internet scale-up.
• Dagmar van Ravenswaay Claasen – A sustainability champion with a background in law, Dagmar held several leadership roles during a 10-year stint at De Nederlandsche Bank before joining Adyen as Director of Regulatory Affairs. She has been involved as an advisor and angel investor in several (fin-) tech scaleups and is a senior partner at LUMO Labs venture capital fund.
• Alexander Renzi – Managing partner at MAPP Advisors, a fintech advisory firm with clients spanning the payments ecosystem, including networks, card brands, sponsor banks, issuers, acquirers, ISOs, and ISVs.

They will join the three shareholder-appointed members of the supervisory board listed below. 

• Javier Perez – Founder and managing partner at Global Paytech Ventures. Formerly president of Mastercard Europe and a member of Mastercard’s global management team, Javier founded Global PayTech Ventures to invest in ground-breaking paytech solutions designed to improve the way the world transfers value. 
• Chase Packard – Partner at Coatue, a lifecycle investment platform focused on turning big ideas into world-shaping technology companies.
• Krishna Visvanathan – Co-founder and partner at Crane Venture Partners. A passionate advocate of the European entrepreneur, Krishna has spent more than 20 years investing across every layer of the enterprise stack. Before VC, he had several operational roles, including co-founding a deep tech startup.

Anne Willem de Vries, Silverflow’s co-founder and CEO, says, “This is a key milestone for the long-term strategy of Silverflow. We have been careful to select a diverse mix of skills, experience, and expertise that will have a direct benefit to our company and our customers. Each board member has specific experience, whether that is in the cards, compliance, scaling businesses, diversity, or market knowledge. They have all shown an incredible level of expertise in their respective fields, which will allow our leadership team to learn, innovate, and adapt to our rapid growth.”

Silverflow: Payment processing platform for today’s needs 

Founded in 2019 by Robert Kraal and Anne Willem de Vries, Silverflow offers a cloud-native solution for PSPs, acquirers, and merchants with a single API to the card networks. 

This platform consolidates card scheme data and functionality, offering a streamlined solution for modern payment processing.

Silverflow’s payment processing platform is crafted for current and future payment demands.

In just four years, the company has garnered major clients across Europe, North America, and APAC, including industry leaders such as Deutsche Bank, Transaction Services, Buckaroo, and PAYABL, among others.