Shamir Karkal

Headshot of Co-Founder and CEO Shamir Karkal

Shamir Karkal

Co-Founder & CSO
Technology, Entrepreneur
Portland, OR, USA

Listen to Shamir’s Podcast!

Shamir Karkal is a Co-Founder and the Chief Strategy Officer of Sila and a true fintech pioneer.

Sila is a fintech software platform that provides payment infrastructure as a service, a business-critical element for all companies that need to integrate with the US banking system and blockchain quickly, securely, and in compliance with applicable US regulations. Investing and working at the intersection of banking, payments, and technology.

Shamir Karkal co-founded Sila in 2018 with the goal of empowering financial innovation and supporting entrepreneurs who want to build a new financial world. In 2009, he co-founded Simple, the first bank of its kind in the United States. In doing so, he played a crucial part in building the infrastructure that would pave the way for online banking. After BBVA acquired Simple, he headed the Open Platform at BBVA. Shamir studied physics and computer science at Bangalore University and is a graduate of Carnegie Mellon’s Tepper School of Business. He lives in Portland, Oregon.


Sila is the leading money API for fintech. Using our developer friendly sandbox, bank agency, and embedded compliance, our fintech and crypto customers have gone from MSA signing to live in production with compliant payments in as little as a few weeks. We are offering immediate funds availability risk-free to our customers, even in the most pervasive fraud environments.

Shamir Karkal is also featured on our premiere Features Page.


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