Sila
Founded 2018 · 55 employees on LinkedIn · 2 known investors
Find your way into Sila
801 people in our graph share verified history with the Sila team — schools, employers, funds. One of them is your warm intro.
Laura Buhlerunlockedknows Shamir Karkal · together at McKinsey & Company (overlapped)
×8knows the team · via McKinsey & Company
knows the team · via Wise
knows the team · via BBVA
knows the team · via Carnegie Mellon University - Tepper School of Business
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.
Founders & leadership
Sila was founded in 2018 by Shamir Karkal.
SK
Shamir Karkalin𝕏Co-Founder & Chief Strategy OfficerShamir Karkal is co-founder of Sila, a money API and banking-as-a-service platform, and also co-founded Simple. He currently serves as President of Aleph Invariance and holds board positions at Wise and AIR, with focus on banking, payments, and fintech.
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.
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 is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
Ramp684 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
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.
Intuit®547 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
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.