• Trading Name: Sila 
• Legal Entity: Sila Inc.
• Activities: Fintech Software Platform
• Location: USA
• Regulations: Banking services are provided by Evolve Bank & Trust, Member FDIC.
• Key People:Alexander Lipton, Angela Angelovska-Wilson, Isaac Hines and Shamir Karkal.

Sila is a financial technology service provider

Sila is a fintech software platform that provides payment infrastructure as a service, a business-critical element for companies whose software has to integrate with the US banking system and blockchain quickly, securely, and in full compliance with US regulations.

Offering

Sila payment gateway allows businesses to easily accept payments from customers using ACH transfers, credit cards, and other payment methods.

The platform handles all the complexities of the payment process, including authentication, verification, and settlement, so businesses can focus on their core operations.

Sila fintech software platform also enables businesses to build applications that leverage blockchain technology. By integrating with Sila platform, businesses can access the benefits of blockchain, such as transparency, immutability, and security, without the need for extensive technical knowledge or infrastructure.

The company closed Q1 2021 by quadrupling transaction volume and doubling its headcount. Growth of the Sila platform has been exponential — customers’ end-users grew 535% in the previous seven months.

People

The company was founded in 2018 by Alexander Lipton, Angela Angelovska-Wilson, Isaac Hines and Shamir Karkal.

Regulation

Sila is not a bank. Banking services are provided by Evolve Bank & Trust, Member FDIC.

Customer Review

G2: 4,4 Stars with 15+ Reviews

Conclusion and Rating

We rate Sila on Green as they serve all of our criteria and we haven’t found any negative around them!