FINTECH

Fintech Firm Sila Chosen as Preferred Partner for ACH Enablement and Payments by Nacha

Nacha | June 08, 2022

Fintech_Firm_Sila
U.S.’s premier ACH network, Nacha, has announced the selection of Sila, an emerging fintech firm, as its preferred ACH Enablement and Payments partner.

Following the announcement, Sila will be part of an elite network of innovation experts recognized by Nacha for delivering solutions that promote the ACH Network and meet Nacha’s core strategies.

Nacha's Preferred Partners play a role in advancing the ACH Network to continue to deliver payments safely and quickly. Today, we welcome Sila as our newest Preferred Partner for ACH Enablement and Payments and are looking forward to working with them and other Nacha Preferred Partners to strengthen and grow the ACH Network."

Jane Larimer, Nacha President and CEO

Sila offers a set of application programming interface or APIs, that enable a seamless exchange of money between banking institutions and digital wallets. It helps accelerate the go-to-market duration for customers. Silla also offers an integration for blockchain wallets on request. The platform wass designed keeping in mind organizations and companies that require integration with the banking system of the United States, blockchain, and payment rails.

Sila is honored to be a Nacha Preferred Partner. We have helped many customers leverage the ACH Network as they build their business. Their feedback has led us to build innovative products on top of ACH, such as our instant ACH product that combines risk management and fraud detection with instant funds availability."

Shamir Karkal, CEO of Sila Inc.

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