Fintech Sila, an API Platform Offering Payment Infrastructure as a Service, Acquires $13M via Series A led by Revolution Venture

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Fintech Sila, an API Platform Offering Payment Infrastructure as a Service, Acquires $13M via Series A led by Revolution Venture
July 27, 2021 @ 10:47 pm By Omar Faridi
Sila, an API platform that offers payment infrastructure as a service while ensuring regulatory compliance, has acquired $13 million in capital through a Series A round that was by
Revolution Venture.
Sila‘s latest investment round was joined by Madrona Venture Group, Oregon Venture Fund, Mucker Capital, and angel investors such as
Wise co-founder
Established by Simple co-founder
Shamir Karkal back in 2018, Sila aims to help application developers with incorporating regulatory compliant payment functionaility and capabilities into their line of products and services.

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