Accelerating progress with Silverflow's cloud-based data processing system
In a significant move for the European fintech sector, Silverflow, a leading payment processor, has partnered with Payabl., a prominent financial technology provider. This strategic alliance aims to drive further innovation and resilience in payment processing, positioning both companies at the forefront of technological advancements in the region.
The partnership reflects a focus on modernizing payment systems to boost efficiency and innovation. Payabl., seeking a modern solution to match its engineering-led mindset, found a perfect match in Silverflow's API-first approach. This collaboration has resulted in a significant upgrade of Payabl.'s payments infrastructure, enhancing speed, scalability, and integration capabilities for digital payments.
Breno Oliviera, Head of Product at Payabl., praised Silverflow's modern architecture and collaborative mindset, stating that they matched theirs perfectly. Anne Willem de Vries, Co-Founder and CEO at Silverflow, described the partnership as a blueprint for the future of payments.
The partnership has already demonstrated its potential, with integration timelines for new card schemes at Payabl. reduced from years to just months with Silverflow. The companies hold regular cross-functional workshops to co-develop innovative features and build resilient infrastructure together.
The collaboration between Silverflow and Payabl. is a shift towards more agile, API-first technology. This agility has allowed Payabl. to deliver new services to their clients at a faster pace, improving performance, flexibility, and resilience. The partnership unlocks faster time-to-market, operational reliability, and innovation for Payabl., enabling them to meet surging demand during peak times.
The partnership aligns with ongoing trends in the European financial technology sector towards API-led architectures, cloud-native solutions, and regulatory compliance. It is part of a wider fintech ecosystem development that includes the launch of new digital currencies like the euro-denominated EURAU stablecoin. This suggests a climate of expanding digital financial infrastructure where partnerships like that of Silverflow and Payabl. are instrumental.
In summary, the collaboration between Silverflow and Payabl. enhances payment processing capabilities, fostering innovation that helps European fintech firms meet the growing demand for efficient, compliant, and technologically advanced payment services. This contributes to strengthening Europe's position as a leading hub for fintech innovation. The expanded partnership between Silverflow and Payabl. is seen as a model for future collaborations in the payments industry, demonstrating what's possible when cutting-edge technology meets a shared commitment to innovation.
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