Sila
Founded 2018 · 2 known investors
Sila provides a money API and banking-as-service platform offering payment APIs and digital wallets for fintech businesses and financial products. The company connects fintech innovators with pre-approved partners and ACH network infrastructure.
FintechSaaS
Founders & leadership
Sila was founded in 2018 by Shamir Karkal.
SK
Shamir KarkalCo-Founder & Chief Strategy Officer
Investors · 2
Competitors · 10
by search overlap
Plaid1114 shared keywordsPlaid provides financial infrastructure and APIs that enable developers to build financial technology products and services. The platform serves fintech companies, developers, and financial institutions by offering consumer-facing applications and backend tools for financial data connectivity.
Stripe1095 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Bill.com Holdings, Inc.1052 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Modern Treasury973 shared keywordsModern Treasury provides a payments infrastructure platform that enables businesses to move and track money across fiat and stablecoin rails through a single API. The company serves enterprises and financial service providers looking to streamline payment operations across multiple currencies, regions, and payment systems.
GoCardless945 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Nacha876 shared keywordsNacha develops and administers the operating rules for the ACH Network, which processes electronic payments such as Direct Deposit and ACH bill payments in the United States. It also provides payments education, accreditation, membership, consulting, and interoperability standards services to banks, credit unions, government entities, corporations, and fintechs.
Wise780 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Tipalti723 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Ramp684 shared keywordsRamp provides a spend management platform that consolidates corporate cards, expense management, accounts payable, business banking, travel booking, and procurement into one system. It targets businesses seeking automated coding, reconciliation, policy enforcement, and visibility across company spending.
Square559 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
Companies competing with Sila for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Sila do?
- Sila provides a money API and banking-as-service platform offering payment APIs and digital wallets for fintech businesses and financial products. The company connects fintech innovators with pre-approved partners and ACH network infrastructure.
- Who founded Sila?
- Sila was founded by Shamir Karkal in 2018.
- Who are Sila's investors?
- Sila's investors include Madrona Venture Group, Mucker Capital.