Company Information

Get to know Sila

Sila Inc. is a fintech software platform that provides financial infrastructure-as-a-service through a single API. Founded by Shamir Karkal, a co-founder of the pioneering neobank Simple, Sila's mission is to empower developers and entrepreneurs to build the next generation of financial products quickly and compliantly. The platform bundles essential services like digital wallets, ACH payment processing, KYC/KYB identity verification, and bank account linking, effectively lowering the barrier to entry for companies wanting to embed financial services into their applications.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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Sila

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.