Novatti Reviews

Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers. Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3. Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon.

Sionic is the first company to offer real-time payments to commerce in America. Our service provides bank-to-bank, digital cash payments between consumers and merchants via mobile, online, and in-vehicle. Merchants can receive cash deposits to their bank accounts in seconds and avoid expensive credit card fees. Merchants continue to be entangled in rising credit card fees. These fees are estimated to reach $110 billion annually in the U.S. in 2020. Consumers are being dragged into late fees and $15.2 trillion in debt. These inequalities have led to them turning to dubious reward programs that only make matters worse. The arrival of instant digital bank payment creates a new way to fairly reallocate value back towards merchants and consumers, which are the backbone of the U.S. economic system. Three mobile tools make it easy and secure for consumers that they can pay by bank. You can easily stub to our off-the shelf microsite using customized QR Codes and URLs.