Sila Reviews

Their documentation and support is excellent, they respond quickly to any questions and are easy and fun to work with.

I have not had any downsides with Sila, our experience has been excellent so far.

We are solving

They are constantly developing new features and their communications are fast

I now that is not their fault but the ACH schedule to move the money is slow.

I'm building a fintech platform based on crypto. Sila is helping me to move the crypto in an easy way.

The team overall has been very helpful in navigating complex use cases.

To scale a fintech today it is critical to have an FBO Account partner with KYC-as-a-service to avoid the time-consuming and expensive path to state by state money transmission licenses.

Beyond this, SILA is constantly innovating with its transmission backbone. Very excited to see what is next on their roadmap.

The services that SILA provides are mission-critical and you need a strong partner to not only solve problems today, but a partner you can trust to have the foresight to build for the future.

There is a backlog for new clients, which has been challenging for some.

Please refer to my summary in the "What do you like best" section.

The Sila platform, API documentation and ACH infrastructure are incredibly robust and cost-effective. However, the thing that really sets Sila apart is their team. I can't say enough about how collaborative and supportive they are, and how smoothly our implementation went under their direction. We really look forward to scaling our business with them.

Haven't found one yet....Our pricing and service have been great.

We use Sila primary for our ACH needs, as well as setting up FBO accounts for our users. As a result of our integration, we are getting more users on our platform, and have dramatically lowered our COGs.

- Easy to get started

- Features, Dev portal + Roadmap updates

- Team is approachable to answer questions, and production support is reactive

Sales process could be streamlined further

Efficient payment processing and wallet management

Their API's are easy to use and they are extremely responsive when you need help

They're very strict on their security measures, which is a good thing, but in some cases, it makes it difficult for some of our customers.

People needed a way to incorporate fractional donations into their activities without having to move money manually. Sila gives us that ability!

The compliance and product capabilities are very flexible for many different kinds of financial businesses. We've been able to get up and running very quickly with a complex set of financial requirements. The Sila team's knowledge and expertise has made it flawless. The API and platform is extremely flexible and will meet just about any money movement use-case you can think of.

As with any financial solution, there are some humans-in-the-loop back-office procedures, and that is true with Sila as well. That said, they continue to make great strides in automating all the things.

We use Sila to handle FBO clearing of securities funds for investment accounts and KYB for businesses. Their platform can satisfy any compliance need, whereas we found that many other solutions had limited capabilities, especially around the nitty-gritty of account namings, charters, and bank agency.

Innovative payment solution

Introduced concept of sila token that can be used to move money p2p virtually and helps with curtailing some of the compliance requirements around moving physical money .

Partnership with plaid and lithic has simplified over all digital wallet transformation to a virtual bank account .

Easy to use API's and great customer success team!

None as such. Support sla can be better.

Sometimes issues go on for prolonged period

Interest free peer to peer group lending

Ability to collect and save money in groups

The time to integrate Sila. One of the fastest banking APIs to integrate.

So far, looks like the perfect API, so no complaints at all.

If you are looking for a API that allows connecting to the banking system in an easy and fast way, then Sila is what you should use.

We are offering a simple and easy-to-use connection from our services to our client's bank accounts.

- Prompt customer support

- Well written API's

- Complete documentation

- Seamless integration

- 100% uptime

- Credit cards are not yet supported.

- onboarding can be improved.

- Solving problem of payment gateway for business which comes into restricted business category

- Payment getaway which is based on etherium