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

Search 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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Sila raises $13m

Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Sila raises $13m 3 hours ago Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, has raised $13 million in Series A funding led by Revolution Venture. Madrona Venture Group, Oregon Venture Fund, Mucker Capital, and angels including Wise co-founder Taavet Hinrikus joined the round, which brings Sila s total funding to over $20 million. Set up by Simple co-founder Shamir Karkal in 2018, Sila helps software developers incorporate regulatory compliant payment capabilities into their products.

Sila banks $13M to offer single API for developing financial products, services – TechCrunch

Sila banks $13M to offer single API for developing financial products, services – TechCrunch
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