OverviewSuggest Edit

Sila is an ACH payments API platform that includes identity verification (KYC/KYBC), bank account linking, and digital wallets. It provides compliance-as-a-service via its stable coin SILA (SILAUSD) that gives developers the ability to move money in what are traditionally considered high-risk or regulated industries.

TypePrivate
Founded2018
HQPortland, OR, US
Websitesilamoney.com
Employee Ratings5

Latest Updates

Employees (est.) (Sept 2021)44(+16%)
Cybersecurity ratingBMore

Key People/Management at Sila

Shamir Karkal

Shamir Karkal

Co-Founder & CEO
Isaac Hines

Isaac Hines

Co-Founder & COO
Angela Angelovska

Angela Angelovska

Co-Founder & CLO
Alex Lipton

Alex Lipton

Co-Founder & CTO
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Sila Office Locations

Sila has an office in Portland
Portland, OR, US (HQ)
920 SW 6th Ave 12th floor
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Sila Financials and Metrics

Summary Metrics

Founding Date

2018

Sila total Funding

$20.7 m

Sila latest funding size

$13 m

Time since last funding

2 months ago

Sila investors

Sila's latest funding round in July 2021 was reported to be $13 m. In total, Sila has raised $20.7 m
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Sila Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Sila Online and Social Media Presence

Embed Graph

Sila News and Updates

Sila Nano’s Battery Tech May Bring Cheaper Electric Cars—But First A Better Fitness Tracker

The Silicon Valley-based battery materials company has developed silicon-based anodes to help get lower-cost, longer-range electric cars on the road.

Sila Nanotechnologies’ battery technology will launch in Whoop wearables

Sila Nanotechnologies’ next-generation battery technology made its commercial product debut Wednesday in the new Whoop fitness tracker, a milestone that caps a decade of research and development by the Silicon Valley startup, all aimed at cracking the code to packing more energy into a cell at a low…

Sila banks $13M to offer single API for developing financial products, services

Sila's banking and payment platform gives software teams tools to build the next generation of financial products and services.

Blockchain banking and payments startup Sila raises $7.7M

Blockchain banking and payments startup Sila Inc. today announced that it has raised $7.7 million in new funding that will be used to introduce new product features that provide software developers with easier access to the global financial system. The seed round was lead by Madrona Venture Group a…

Sila raises $7.7 million to make ACH payments programmable

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has clo...

Sila raises $7.7 million seed round to make ACH payments programmable

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has clo...
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Sila Blogs

Sila is Proud to be a Launch Partner of Lithic’s Integration Partner Program

Card issuing API platform Lithic announced today a new Integration Partner Program to help customers bring card products to market faster and easier and Sila is one of the launch partners. As demand for Lithic’s developer platform continues to grow, … Read More The post Sila is Proud to be a Launch …

Banking Comparison: Modern Treasury vs. Sila

Banking services, like payment APIs, are key to making your business idea flourish. Here’s how payment powerhouse Sila differentiates from Modern Treasury. … Read More The post Banking Comparison: Modern Treasury vs. Sila appeared first on Sila.

Knowledge is Like Money

Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. Louis L’Amour, American novelist Alexander Lipton is one of Sila’s co-founders and its CIO. He is also … Read More The post Knowledge is Like Money appeared first on Si…

Circle vs. Sila: How Sila Elevates Payment Services

Sila differentiates from Circle in many ways. Read out comparison to see why Sila is the best choice for fintechs. … Read More The post Circle vs. Sila: How Sila Elevates Payment Services appeared first on Sila.

Why Smart Contracts Will Change the World

Smart contracts can simplify payments, contracts, and online exchanges. See why smart contracts will change our financial world. … Read More The post Why Smart Contracts Will Change the World appeared first on Sila.

Why an ACH Payment Isn’t Transferred Immediately

What’s with the delay? And when can you expect a payment to go through? … Read More The post Why an ACH Payment Isn’t Transferred Immediately appeared first on Sila.
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Sila Frequently Asked Questions

  • When was Sila founded?

    Sila was founded in 2018.

  • Who are Sila key executives?

    Sila's key executives are Shamir Karkal, Isaac Hines and Angela Angelovska.

  • How many employees does Sila have?

    Sila has 44 employees.

  • Who are Sila competitors?

    Competitors of Sila include Marqeta, Lans Holdings and Dwolla.

  • Where is Sila headquarters?

    Sila headquarters is located at 920 SW 6th Ave 12th floor, Portland.

  • Where are Sila offices?

    Sila has an office in Portland.

  • How many offices does Sila have?

    Sila has 1 office.