Silverflow Appoints Kardelen Hatun as VP of Engineering to Drive Global Payments Scalability
By Effie Foxtrot · 14 August 2024

Amsterdam-based Silverflow has promoted Kardelen Hatun to Vice President of Engineering to spearhead the technical scaling of its cloud-native card processing platform. As global digital payment volumes are projected to reach $16.62 trillion by 2028, the appointment signals a critical focus on operational resilience and reduced lead times for fintechs seeking to bypass legacy infrastructure.
What was announced
Silverflow confirmed the appointment of Kardelen Hatun as Vice President of Engineering on 14 August 2024. Reporting directly to CEO and Co-founder Anne Willem de Vries, Hatun is tasked with the strategic leadership of the engineering department, encompassing platform development, feature rollouts, and the organization of the engineering team. Having joined the firm in 2022 as a Software Engineer and Team Lead, her promotion is part of a strategy to leverage internal expertise to maintain agility in a competitive processing market.
Hatun’s immediate objectives involve ensuring the platform’s resilience and scalability to meet rising volume demands. This includes fostering closer collaboration between product development and engineering teams to maintain innovation standards. Her background includes a degree in Computing Engineering from Bilkent University in Turkey and a PhD in Computer Software Engineering from the University of Twente in the Netherlands. Prior to joining Silverflow, she served as a Software Engineer for the Dutch retail brand Bol.
The move follows the recent appointment of Dagmar van Ravenswaay Claasen as Chairperson of Silverflow’s supervisory board, a body established earlier this year to guide the company’s growth and provide industry insights. Silverflow’s core offering remains its cloud-native platform, which provides a single API connection to card networks, aiming to reduce the cost and complexity associated with traditional payment processing by offering a data-rich, unified connection.
"It’s an honour to be recognised for the great work we’ve achieved to date to ensure our platform enables the best payments experience for everyone, but we’ve only just started. Standing still means you are behind the market, so my plans are about building on what we have, innovating and enhancing processes and collaboration as our business expands to new markets."
Kardelen Hatun
The companies involved
Silverflow is an Amsterdam-headquartered fintech specializing in global card processing through a cloud-native architecture. Unlike traditional processing systems that often rely on decades-old legacy infrastructure, Silverflow provides a modernized platform designed to offer direct access to card networks via a single API. This approach is intended to provide richer data and greater flexibility for acquirers and payment service providers who find themselves constrained by the limitations of older technology stacks.
The company has positioned itself as a disruptor in the backend of the payments ecosystem, focusing on removing the technical debt that typically plagues established financial institutions. By consolidating multiple regional connections into one unified platform, Silverflow aims to streamline the operational overhead for its clients. The firm’s leadership, including Co-founder Anne Willem de Vries, has focused on building a scalable environment that can handle the increasing complexity of cross-border transactions. Silverflow remains an independent entity, having established a significant presence in the market as a cloud-native alternative to established processing giants.
What FF News has reported before
FF News has tracked Silverflow’s trajectory through several major milestones, notably reporting on the company’s Silverflow Accelerates US Expansion with $40M Series B and New Sales Leadership. This funding round was a pivotal moment for the firm as it targeted the North American market. We have also covered their strategic alliances, such as when Silverflow and Hypergate Partner to Launch Cloud-Native Acquiring Solution for Financial Institutions, and the expansion of their footprint through the report Silverflow and Griner Expand Partnership to Accelerate European Payment Processing. Additionally, the ecosystem’s evolution was highlighted in our coverage of Finsei Launches Integrated Card Acquiring to Simplify Merchant Payment Ecosystems, which utilized Silverflow’s technology to streamline merchant services.
What this means
This leadership appointment highlights a broader industry trend where the "plumbing" of payments is becoming a primary competitive battleground. As legacy processors struggle with the rigidity of on-premise systems, cloud-native challengers are under immense pressure to prove they can handle massive scale without sacrificing uptime. By elevating an internal engineering lead to the VP level, Silverflow is signaling that technical execution and platform resilience are now as critical as market expansion. The real test for the sector will be whether these agile platforms can maintain their speed-to-market advantages while navigating the increasingly complex regulatory and volume requirements of global finance.
Companies in this story: Silverflow
People in this story: Dagmar van Ravenswaay Claasen, Anne Willem De Vries, Kardelen Hatun