In 2015, our founder, Max Faldin, was trying to streamline cross-border fulfilment for Chinese merchants during the e-commerce boom in Asia. He did well in all parts of the fulfilment process except one – payments.
Back then, international B2B payments were largely unsolved due to high fees, unfair rejections, and outdated regulations.
Later, well-timed regulatory changes arrived. The Second Payment Service Directive (PSD2) was introduced in Europe, paving the way for many neobanks and innovative payment services.
Following his passion for SMEs, Max founded Silverbird to change the way merchants trade globally.