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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. ....
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 techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Simple banking customers still locked out; parent BBVA says its customer service crashed Updated May 11, 2021; Facebook Share Former clients of Portland online banker Simple remained unable to access their accounts Tuesday, and they were unable to reach the bank that now holds their money after its customer service systems crashed amid a flood of calls from outraged customers. Simple was owned by Spanish banking giant BBVA, which announced in January it would shut down the Portland banker and transfer clients’ accounts to BBVA. That transition took place on schedule Saturday, but BBVA botched the handover and locked many customers out of their accounts. ....
Sila's craftsmanship culture treats new hires as apprentices americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.