News from the Wire

Silverflow’s new board a diverse powerhouse

Tuesday, April 16, 2024 — 11:56:45 (EDT)

Amsterdam, NL – 16 April 2024: Silverflow, a leading cloud platform for global card processing, has today announced a new supervisory board that will provide strategic support to the executive leadership team.

The board, comprising three independent members and three appointed by shareholders, will support Silverflow in devising growth strategies, advise on industry needs and solutions, and provide invaluable insights into the future of payment technology. 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. Prior to VC, he had several operational roles including co-founding a deep tech start-up.

Speaking on the creation of the supervisory board, Silverflow’s co-founder and CEO, Anne Willem de Vries, said: “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 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.”

The announcement follows the company’s success in securing a €15 Million investment, led by industry veterans and payments experts at Global Paytech Ventures, Picus Capital, Coatue, Crane Venture Partners, Inkef, as well as several angel investors that also participated. The investment has been used to fast-track Silverflow’s aggressive global expansion plans and followed its official expansion into the US and APAC markets earlier in 2023.

Silverflow offers a cloud-native solution for PSPs, acquirers, and merchants, with a single API to the card networks. This frees the entire payments ecosystem to innovate in ways that were never possible whilst giving merchants access to the rich data that will drive next-generation, AI-enabled products.

Its cutting-edge platform is already trusted by some of the world's most innovative and diverse financial institutions, including industry giants like Deutsche Bank and Buckaroo. Its innovative technology was created to bridge the gap between payments and technology to not only fit today's ever-changing needs but also prepare its customers for the future.

To learn more, visit: www.silverflow.com/

ENDS

About Silverflow

Silverflow is a new kind of payment processing platform designed for today's payment needs and fit for the future. A cloud-native solution with a single API to the card networks. One platform with one connection. Reducing cost and complexity, easy to use, data-rich, Silverflow frees you to innovate. For more information contact Silverflow: www.silverflow.com/

Media Contact

Rachel Berlin, Global Marketing Manager, Silverflow

+31 (0)6 251 91 697

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Ben Redman, SkyParlour for Silverflow ben@skyparlour.com +44 (0)330 043 1315

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Source: Company press release.