Shamir Karkal
Founder of Sila
Portland, Oregon
Overview
Work Experience
Board Member
2021 - Current
Alliance for Innovative Regulation is a global non-profit that advances a fair financial system.
Co-founder and CSO
2018
Sila is the leading money API for fintech. An API platform that provides banking and payment infrastructure-as-a-service.
Raised $20,700,000.00 from Revolution Ventures, Oregon Venture Fund, The R-Group, Mucker Capital, Taavet Hinrikus and Madrona.
Board Member
2023 - 2023
Mighty helps young entrepreneurs start and grow their own businesses.
Advisory Committee Member
2018 - 2020
CGAP is an independent think tank that works to empower poor people to build resilience and capture opportunities.
Raised $100,000.00 from FSD Africa.
Head, Open APIs
2015 - 2017
Manage the development of Open APIs at BBVA
Board Member
2010 - 2015
CFO and co-founder
2010 - 2015
Simple is an online replacement for traditional checking accounts. We're redesigning the retail banking customer experience with modern online and mobile apps, no surprise fees, and great customer service.
Simple is a web and mobile application that unifies various accounts into one accessible bank card..
Raised $15,290,000.00 from Life.SREDA.
Management Consultant
2006 - 2009
Involved in multiple Strategy and Operations engagements for Fortune 500 corporations, Private Equity firms, and Hedge Funds.
McKinsey Growth Tech serves leading growth stage tech players, venture capital, and growth private equity
Summer Associate
2005 - 2005
Analyzed UBS’ strategic positioning in the Japanese electronic trading marketplace, and reported findings and recommendations to senior management.
UBS Realty Investors is an institutional investment advisor that managed real estate equity assets on behalf of its clients.
Systems Engineer/Release Manager
2003 - 2004
Web programming, mainly using Java, Struts, JBoss, and Hibernate. Analysed business processes to create requirements documents and develop design proposals. Optimized product release processes on a World Bank project, reducing the testing cycle time by 57%. Co-ordinated testing and release process for clients located across five countries.
Software Engineer
2001 - 2002
Focused on network programming using SNMP and Java. Led a team that rebuilt a reusable interface component, improving its performance by 50% while making it easier to use. Managed offshore resources for multiple projects while based in Japan.
Intelligent Software Solutions, a software development and services company, provides development and consultancy services.