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US-based Sila Inc. provides online banking, digital wallet, and payment infrastructure to enterprises through its fintech platform.
Founded in 2018 and based in the US, Sila Inc. offers a payment platform with ACH API, virtual accounts, KYC and KYB products, and fraud prevention tools. Its digital wallet API lets users link any U.S. bank account for in-application payments. The company was co-founded by Shamir Karkal (CSO), and as of 2023 it was led by CEO and President Mike Fitzpatrick. In July 2021 Sila raised USD 13 million in Series A funding led by Revolution Ventures, Madrona Venture Group, Mucker Capital, and Oregon Venture Fund.
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