BaaS ProviderActiveEst. 2018

Sila Inc.

US · Portland, Oregon · N/A — Operates via sponsor bank charters

Sila Inc. is a BaaS Provider based in US (Portland, Oregon), regulated by N/A — Operates via sponsor bank charters. The institution operates an active Banking-as-a-Service program, launched in 2018.

Sila Inc. supports the following products and services: Payments, KYC/AML, Accounts, Crypto. The bank serves customers across US.

Notable fintech partners include Plaid, Alloy, GBank.

Profile
Products Supported
PaymentsKYC/AMLAccountsCrypto
Geographies Served
US
Charter / Regulator
N/A — Operates via sponsor bank charters
API Standards
REST API, ACH, FedNow, RTP
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2018
Notable Fintech Partners

Plaid, Alloy, GBank

Regulatory Actions Summary

None confirmed active

Notes

Sila provides a Money API enabling fintech developers to build compliant financial apps with ACH transfers, digital wallets, and KYC. Founded by Shamir Karkal (co-founder of Simple bank).

Operates via sponsor bank charters. Won Best Payments as a Service Platform at 2022 Embedded Banking Awards.

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