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Sila is a financial technology company providing open-source infrastructure tools. It uses a built-in stablecoin called SILA to move money between user accounts. With the help of Sila's APIs and technology, its users are able to fund accounts and make purchases via credit and debit cards as well as create smart accounts in crowdfunding and money management apps.

Latest Updates

Employees (est.) (Jun 2020)22(+10%)

Sila Financials and Metrics

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Founding Date


Sila total Funding

$7.7 m

Sila latest funding size

$7.70 m

Time since last funding

2 months ago

Sila investors

Sila's latest funding round in April 2020 was reported to be $7.7 m. In total, Sila has raised $7.7 m
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Sila Online and Social Media Presence

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Sila News and Updates

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...

Programmable fintech payments startup Sila raises $7.7M seed to wipe out ACH

Fintech is white hot these days, with major acquisitions and funding rounds galore. It’s also a relatively new space, with startups only really breaching the thicket of regulations that defines the modern banking and finance world in the past few years. So it is fascinating to watch how Shamir Karka…

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Sila Frequently Asked Questions

  • When was Sila founded?

    Sila was founded in 2018.

  • How many employees does Sila have?

    Sila has 22 employees.

  • Who are Sila competitors?

    Competitors of Sila include NGRAVE, Spot and Cashin.