News & Events

Check back often for updates on news and events.

Press Releases

An archive of Sila press releases.

White-Label Mobile App Based on the Sila ACH API Now Available on iOS and Android
January 31, 2023

White-Label Mobile App Based on the Sila ACH API Now Available on iOS and Android

PORTLAND, Ore. – January 31, 2023 – Sila Inc., a fintech software platform that provides payment infrastructure as a service, and Digital Geko, a web and mobile app developer, today announced the launch of Nitro, a set of modules created to build fintech apps that comes pre-populated with key software components of the Sila ACH API, ready to be customized by fintech entrepreneurs. Deploying Nitro’s set of baseline software components including a mobile application significantly lowers the cost of entry and speeds up time to market as compared to building an application from scratch. Sila and Digital Geko also formally announced their strategic partnership today, making public their long-standing collaboration.

Sila in the News

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

The Fallout from SVB and Signature: What Comes Next?
March 15, 2023

The Fallout from SVB and Signature: What Comes Next?

Shamir Karkal is one of four panelist discussing the recent developments in the U.S. banking sector including the demise of Silicon Valley Bank and Signature Bank and what comes next.

Fintech Revolution: How Businesses can Benefit from Embedded Finance

Fintech Revolution: How Businesses can Benefit from Embedded Finance

Fintech has grown rapidly in recent years to address the expanding demand for better experiences in personal finance management and payments, merchant payments and payments-as-a-service, cross-border payments and exchange, professional services and payroll management, and financial services related to real estate, rent and property management. Here we look at how businesses can benefit from embedded finance.

Should You Sell To a Bank?

Should You Sell To a Bank?

Last year, fintech companies worldwide were expected to fetch $84.7 billion in funding, according to third quarter 2022 projections from the research company CB Insights. While that sum might sound impressive, they raised $141.2 billion in 2021. For some fintech founders, it marks an unfamiliar reality that’s akin to a violent yo-yo. While building businesses always requires enduring vexing surprises, now entrepreneurs are attempting to do so while interest rates are rising and company valuations are falling. With less capital to go around, the stakes are high and some founding teams might feel added pressure to sell.

Sila and Accubits Technologies Announce Strategic Partnership

Sila and Accubits Technologies Announce Strategic Partnership

Sila, a fintech software platform that provides payment infrastructure as a service, and Accubits Technologies, an AI and Blockchain focused software development and consulting company, announced that they entered a strategic partnership to better avail each other’s services to their respective customers. Accubits helps organizations to be future-proof through data-driven solutions for mobile, cloud, and web platforms. Sila provides its expertise in ACH API and KYC/KYB/Identity verification.

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.