Silot

Singapore, Singapore Founded: 2017 • Age: 9 yrs
AI-enabled banking software and merchant solutions are provided.
Annual revenue $466,934 Latest available
Total funding $13.7M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Silot

Silot is a company based in Singapore (Singapore) founded in 2017 by Villence Kang-Ran Yu. Silot has raised $13.67 million across 5 funding rounds from investors including FIS, Eight Roads Ventures and Arbor Ventures. Silot offers products and services including Silot Payment Engine, Silot Merchant Suite, and Silot Guardian. Silot operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.

  • Headquarter Singapore, Singapore
  • Founders Villence Kang-Ran Yu
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Silot Pte. Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $466.93 K (USD)
    192
    as on Dec 31, 2021
  • Net Profit
    -$997.78 K (USD)
    41
    as on Dec 31, 2021
  • EBITDA
    Not available
  • Total Equity Funding
    $13.67 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
    FIS

    & 6 more

  • Employee Count
    Not available
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Products & Services of Silot

Silot offers a comprehensive portfolio of products and services, including Silot Payment Engine, Silot Merchant Suite, and Silot Guardian.

Product name locked
Category locked
Primary

Unified engine for issuing and acquiring payments efficiently

Product name locked
Category locked
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Platform for on-boarding and managing merchants securely

Product name locked
Category locked
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Tools for anti-fraud and anti-money laundering protection

People of Silot

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Andy Li
Founder & CEO

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Teams

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Funding Insights of Silot

Silot has successfully raised a total of $13.67M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Silot

Silot has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include FIS, Eight Roads Ventures and Arbor Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in financial services are made by Arbor Ventures.
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Strategic investments in startups are facilitated by Krungsri Finnovate.
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Private equity investments across Asia are handled by Sumitomo.
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Investor details for Silot

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Silot

Investments
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Investment portfolio details for Silot

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Silot

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Detailed financials for Silot

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Silot Comparisons

Silot Primary company
Description
AI-enabled banking software and merchant solutions are provi...
Location
Singapore, Singapore
Founded Year
2017
Annual Revenue
$466.93 K (USD)
Net Profit
-$997.78 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Silot

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of Silot

Silot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.

Company Name Domain Founded year HQ Location Description
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Diversified financial solutions for business processing and management are provided.
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Software platforms for telecommunications, digital payments, and experiences are provided.
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Banking and payments solutions are provided through a dedicated platform.
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Digital solutions for mortgage and consumer lending are provided.
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Digital payment solutions and enterprise software platforms are provided.
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API-enabled open banking platform is provided for financial institutions.
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Detailed competitors of Silot

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Silot

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Complete news archive for Silot

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Silot

Silot was founded in 2017.

Silot is headquartered in Singapore, Singapore.

Silot is a funded company, having raised a total of $13.67M across 5 funding rounds to date.

Annual revenue of Silot is $466.93K as on Dec 31, 2021.

Silot was founded in 2017 in Singapore. AI-enabled banking software suites and merchant banking solutions are developed and offered by the company within the fintech sector. Operations focus on services such as merchant onboarding, KYC verification, cross-channel banking, account opening, and QR-based payments. Additional features include AI-directed targeted marketing campaigns and AI-enabled loan underwriting tools, supporting banking processes in the region.

Silot's top competitors include Comviva, Mambu and Blend.

Silot offers Silot Payment Engine, Silot Merchant Suite, and Silot Guardian.

Silot has 7 investors. Key investors include FIS, Eight Roads Ventures, Arbor Ventures, Krungsri Finnovate, and Sumitomo Corporation Equity Asia.

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