Silverfin

Silverfin, founded in 2013 and based in Belgium, operates as a cloud accounting platform focusing on automating compliance while providing tools for developing advisory services. Its mission is encapsulated in its slogan: "Cloud accounting platform for automating compliance plus the tools and data you need for developing advisory services."

The platform enhances the operational success of accountancy firms by improving efficiency, competitiveness, and the profitability of compliance services. Silverfin streamlines the accounting process by extracting financial data directly from client systems into a secure cloud-based Structured Data Hub. This data is further utilized to standardize and automate workflows, thereby facilitating easy, fast, and accurate compliance.

Importantly, Silverfin extends beyond compliance by empowering firms to bolster their advisory services. It provides data insights and automatic alerts to identify risks and opportunities, enabling firms to deliver valued advisory solutions. This capability is a crucial differentiator in the Financial Services, Fintech, and SaaS industries.

In a testament to its potential, Silverfin recently attracted a significant $300 million acquisition investment from Visa on 01 September 2023, signaling substantial investor confidence in the company's trajectory and market impact.