Sila banks $13M to offer single API for developing financial products, services
TechCrunch
JULY 26, 2021
CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009. It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. Karkal told TechCrunch that the idea for Sila was born out of frustration while starting another bank.
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