News & Events

Check back often for updates on news and events.

Press Releases

An archive of Sila press releases.

Sila and GBank Announce Successful API Integration, Modernizing GBank's Technology Stack for ACH, RTP, and FedNow Transactions
February 26, 2025

Sila and GBank Announce Successful API Integration, Modernizing GBank's Technology Stack for ACH, RTP, and FedNow Transactions

Sila and GBank have successfully completed a major API integration, modernizing GBank's payment infrastructure by replacing legacy flat-file systems with API-driven solutions for ACH and Real-Time Payments (RTP). This partnership enables fintech companies to access faster, more secure transactions while ensuring compliance with evolving industry standards. With this integration, GBank is now positioned as a leader in digital banking transformation, offering real-time payment capabilities to its fintech partners. The collaboration underscores both companies' commitment to innovation, enhancing financial services through scalable and efficient payment processing solutions.

Sila in the News

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

Beyond Two Percent: The Male Perspective
April 7, 2023

Beyond Two Percent: The Male Perspective

"I feel like it's almost as if at least some humans have this, this need to create in groups and out groups, and say, I'm part of this elite group, and we are better than you." Shamir Karkal, Sila

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

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

Way back at the start of Barefoot Innovation, our very second episode featured one of the guests we have with us today. He is Shamir Karkal, CEO of Sila, and he’s joined on today’s show by his cofounder and Sila’s General Counsel, Angela Angelovska-Wilson.

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

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

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

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

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

Blockchain-based payments company Sila announced today it has pulled in $7.7 million in Seed funding. The round was led by Madrona Venture Group and Oregon Venture Fund with contributions from Mucker Capital, 99 Tartans, Taavet Hinrikus, and Jerry Neumann.

Sila Customers Making Headlines

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

How This Startup Proves NFTs Can Solve Fundamental Problems In Finance
September 17, 2021

How This Startup Proves NFTs Can Solve Fundamental Problems In Finance

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

Charlie Finance is Joining Chime

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.