Sila and Sequoir Create Integrated Solution for Crypto Trading and Custody

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PORTLAND, Ore .– (BUSINESS WIRE) – Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced its partnership with Sequoir, a provider of trading infrastructure and blockchain custody, to create customized blockchain solutions for businesses. This opens up new sources of revenue for banks, credit unions, fintechs, and Web 3.0. The Sequoirs Partner API provides an easy and secure way to buy, sell and hold different digital assets. The Partner API makes it possible to quickly and easily integrate Bitcoin, Ethereum and other digital assets, execution, settlement and custody into a fintech application or financial institution. Thanks to a deep integration between the technologies of the two companies, customers benefit from a smooth transaction flow and a high level of protection against fraud.

Many companies involved in cryptocurrencies and other digital assets often struggle to establish business relationships with traditional banks. By partnering with Sila, a banking agent of Evolve Bank & Trust (FDIC member), Sequoir saves time, money and overhead of resources typically required when attempting to build a relationship. bilateral banking, an advantage which also extends to its customers. Sila also provides Know Your Customer (KYC) and Know Your Business (KYB) verification tools. Sequoir and its clients benefit from these identity verification tools because they reduce fraudulent activity.

Sila and Sequoir share a long history of working together and helping each other to advance their services, said Justin Seidl, CEO and Founder of Sequoir. Our business is different today because of the close collaboration with Sila. I know our comments and requests over time have advanced and refined Silas’ offerings in return.

The partnership between Sequoir and Sila could almost be a model for the way we want to work with clients – a true partnership with a mutual exchange, adds Shamir Karkal, CEO and co-founder, Sila Inc. We are improving and our services more relevant to today’s fintech and crypto entrepreneurs. Our respective clients are the indisputable beneficiaries of our common history.

The Sequoirs Partner API was designed by developers, for developers. Transparent pricing, a single unified management dashboard, and the functionality to brand a solution in the customer’s identity make Partner API an easy infrastructure choice for businesses that want to transact with the blockchain.

About Sila

Sila is a fintech software platform that provides Payment Infrastructure as a Service, an essential building block for all businesses that need to integrate with the US banking system and blockchain quickly, securely and in accordance with US regulations. applicable. Sila offers banking, digital and ACH payment APIs for software teams. The firm has been recognized as the best place to work in 2021 in the financial technology field. Sila is headquartered in Portland, Oregon. For more information, visit www.silamoney.com

About Séquoir

Sequoir is a financial technology company that provides Bitcoin trading and custody APIs to food banks, credit unions, fintech, and Web 3.0. Sequoir is a fully regulated and FinCEN compliant digital asset trading platform, based in the United States, serving blockchain infrastructure and integrated white label solutions. Sequoir is headquartered in Green Bay, Wisconsin. To learn more about Sequoirs solutions, visit www.sequoir.com.

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