Sila (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
View Funding Page

Company Info
Company Description
Finance is a $13 Trillion industry globally, and it's being disrupted by a new wave of innovators who are building customer focused solutions using modern technology. But today’s fintech and crypto startups struggle to find compliant ways to verify customer identity, move money, or hold customer funds. It often takes them years and millions of dollars just to build and ship a product. Sila is an API platform that solves these problems and allows developers to rapidly build financial applications and bring them to market. Initially we offer 5 critical APIs: ID Verification, Link Account (using Plaid), Issue Sila via ACH, Redeem Sila via ACH, and Transfer Sila via Ethereum.

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