News & Events

News and Events

Check back often for updated news and events

Press Releases

An archive of Sila press releases

Sila and Arcus Partner to Unlock Bill Payment Solutions To 18K+ Billers In The U.S.

October 6, 2021 Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced a partnership with Arcus, a payment-as-a-service platform that enables any business to launch and offer innovative payment solutions across the Americas. By combining both companies’ particular strengths, bill payment to more than 18,000 US billers is now available to their customers.

Sila Smart Risk Management Translates into Instant ACH for Customers

September 16, 2021 Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that it has rolled out Instant ACH, a new service that uses state-of-the-art risk management to avail customers of funds from ACH debit transactions instantly. After passing a risk analysis, funds are immediately available to the end-user for ACH debits.

Sila Strengthens Executive Team with Rick Holt Named Chief Revenue Officer

September 9, 2021 Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that Rick Holt was appointed the firm’s first chief revenue officer. Holt had been with Sila for several months as the acting VP of Sales. In his new role, Holt will be responsible for the cohesiveness of Sila’s revenue-related functions including sales, marketing, and customer experience. For over 20 years, Holt has guided revenue generation and developed leadership teams to successfully address growth, profitability, and other tough management challenges. In doing so he has generated tens of millions of dollars in revenue, profits, and enterprise value.

Sila Recognized as One of the Best Places to Work in Financial Technology 2021

August 25, 2021 Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that it has earned the distinction of being named one of the 2021 Best Places to Work in Financial Technology by Arizent, publisher of American Banker, The Bond Buyer, National Mortgage News, and other leading business-to-business publications.

Sila Secures $13 Million in Series A Funding Led by Revolution Ventures

July 26, 2021 Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, announced today $13M in Series A funding led by Revolution Ventures, bringing total funding to over $20M. Existing investors, Madrona Venture Group, Oregon Venture Fund, and Mucker Capital, and angels including Taavet Hinrikus, Co-founder and Chairman of Wise, also participated in the round.

Constitution Lending Partners With Sila to Revolutionize Hard Money Lending

July 21, 2021 Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that Constitution Lending Partners, the premier hard money lender for all property types, selected Sila as its strategic partner to realize its vision of democratizing access to real estate credit opportunities and to provide a better more seamless lending experience for borrowers.

Sila in the News

A compilation of articles and podcasts. Some websites may require registration or a subscription to access the full story.

Where the Hotspots Are for FinTech Entrepreneurs in the US and Global

October 19, 2021 Nasdaq TradeTalks Shamir Karkal got interviewed on the floor of the Empire Startup Conference in NYC. He discussed the state of fintech with Nasdaq's Jill Malandrino, including why Silicon Valley is not a hotbed of fintech startups (yet).

Sila Strengthens Executive Team with Rick Holt Named Chief Revenue Officer

September 10, 2021 Global FintechSeries Sila announced that Rick Holt was appointed the firm’s first chief revenue officer. Holt had been with Sila for several months as the acting VP of Sales. In his new role, Holt will be responsible for the cohesiveness of Sila’s revenue-related functions including sales, marketing, and customer experience.

Sila Founder Shamir Karkal on fintech growth and raising a $13M round

September 1, 2021 Portland Business Journal Shamir is sharing an update on Sila's recent funding round, and on how the business has been growing over the last year. Despite (or in some way thanks to) COVID.

Sila Banks $13M to Offer Single API for Developing Financial Products, Services

July 26, 2021 TechCrunch.com Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services.

The Startup Enemies of Wall Street Are Booming

March 29, 2021 The New York Times Shamir Karkal is one of the industry thought leaders quoted in this article.

Programmable Money: Sila Co-Founders Shamir Karkal and Angela Wilson

April 23, 2020 Barefoot Innovation Group Listen to 2 of the 4 co-founders of Sila discuss their startup and the fintech industry.

Sila, a Startup Founded by Shamir Karkal to Rethink ACH, Raises $7.7 Million

April 8, 2020 Finovate Read about Sila's initial funding round and growth plans.

BANK ON IT Podcast Episode featuring Shamir Karkal

October 12, 2021 Episode 452 Well-known podcast host John Siracusa chats with Shamir Karkal about his life in fintech, the life of fintech entrepreneurs, and Shamir's startups Simple and Sila.

DeFi: a pathway forward

September 9, 2021 International Financial Law Review Alex Lipton, co-founder of Sila, and Lewis Cohen, co-founder of DLx Law, write about the promise of Decentralized Finance and how it intersects with traditional finance.

19 crypto and blockchain-focused lawyers who are inking deals, fighting lawsuits, and navigating fast-evolving regulations

July 28, 2021 Business Insider Business Insider profiles the top 19 crypto and blockchain-focused lawyers. We are proud to say that DLx Law, a firm co-founded by our co-founder Angela Angelovska-Wilson is the first one mentioned.

Pioneering and Reimagining Fintech Innovation

April 21, 2021 Wharton Fintech Podcast A conversation with Shamir Karkal, CEO and co-founder of Sila.

Banking API Platform Sila Raises $7.7 Million on Promise of Programmable Money

April 9, 2020 Coindesk.com Read about Sila's initial funding round and growth plans.

Sila Provides FinTech Companies With an On-Ramp to Payments

October 12, 2018 Forbes Read about the early ideas that inspired the creation of Sila.

Sila Customers Making Headlines

A compilation of articles and podcasts. Some websites may require registration or a subscription to access the full story.

How This Startup Proves NFTs Can Solve Fundamental Problems In Finance

September 17, 2021 Forbes Fabrica has done what many have wanted to do for years, but largely failed to do. They have put real estate on the blockchain. Putting something “on the blockchain” via an NFT is not an end in itself. What is more important is that Fabrica solves a real problem—lowering the costs and increasing the speed of transacting in the real estate market.

Charlie Finance is Joining Chime

August 16, 2021 Chime News We’re excited to announce that the Charlie Finance team is joining Chime! This talented group, whose mission is aligned with Chime’s, will continue working on new and better ways to provide people more control over their financial lives.

Events

Take advantage to meet the Sila team at these conferences and events.

November 9-10: Banking Transformation Forum

Location: Online Shamir will do a 15-min talk on how NFTs transform traditional financial markets. One of the examples is Fabrica.Land, one of Sila's customers. Check it out on November 9 at 2:15pm PT.

October 24-27: Money20/20 USA

Location: The Venetian, Las Vegas, NV Vegas is the place to be if you are anyone in fintech. A show that needs no introduction. Three days of panels, presentations, and networking opportunities. Sila has a number of people in attendance. Email connect@silamoney.com to set up a meeting.

October 19: 8th Annual Empire FinTech Conference

Location: New York, NY Shamir Karkal will be participating in the panel "New kids on the blockchain" from 2:30 - 3:40pm. Part of FinTech Week (October 18-22), this conference brings together hundreds of fintech entrepreneurs with investors and service providers that help accelerate startups.

September 21-23: Money 20/20 Europe

Location: Amsterdam, Netherlands If you are are going to this important show in Europe, watch for Sila's announcement on the big screens. And, don't miss Wednesday's agenda item, when Shamir is interviewing Kristo Kaarmann, the CEO of Wise, on stage. It's the 2:20pm headline session: How do you design for scale from the get-go?

August 11-13: Credit Suisse 4th Annual FinTech Conference

Location: Online Shamir Karkal will be participating in the “Neobank Technology Panel” on August 11, 10:30 – 11:10AM EDT This conference aims to provide an emphasis on innovative private companies and evolving trends, spanning Payments & software/ISVs, merchant acquirers & ISOs, Neo/Challenger Banks, core banking platforms, modern card/ issuer processing platforms, cross-border payments, B2B payments, online lending, InsureTech, online wealth management & trading platforms, online mortgage, and more.

October 25-27: CoinAgenda Global

Location: NY NY Hotel, Las Vegas, NV Sila will have a table at this conference that gathers international blockchain thought leaders and up-and-coming startups for the 8th year in a row. Shamir will be participating in the 4:10pm panel on Tuesday, discussing payment compliance and infrastructure platforms.

October 23: FINNOVATION Vegas

Location: The Bellagio, Las Vegas, NV Sila is creating another one of its famous INNOVATION events, this time the Saturday before Money20/20 in Vegas. There are only 150 tickets, and they are selling fast. Click on the link to learn more and register today.

September 30: SF Fintech Happy Hour

Location: San Francisco, CA If you live in the Bay Area and are interested in fintech, you know about the legendary fintech happy hours. Sila is proud to be a co-sponsor of the next event.

September 20-22: Mainnet

Location: New York, NY Look for our booth 309 on the 6th floor. This is the leading show for crypto leaders, operators, builders, and investors.

September 7-9: FinTech DevCon.

Location: Denver, Colorado Sila will be organizing a workshop on "Challenges in building neobank infrastructure” on September 8, 2:30pm-4pm Shamir Karkal will be participating in a panel discussing "Build vs. Buy" on September 9, from 12:30-1:30pm.