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About

Silot offers a digital banking platform for banks, enabling them to avail an AI-leveraged software to automate and digitize their process. It allows them to work in real time by integrating with the company's application parallel. Recently, the company was selected by Plug and Play ADGM for the second batch of its FinTech program (2019).

Focus

PRODUCTS & SERVICES

Silot's product offerings include: 1. Silot Banking Platform: It is an OS which integrates with the data and functions of the users. It unifies the payment engine, the merchant suite, and the consumer suite under the portal. It acts as a single platform for the bank to control and monitor fraud or anti-money laundering. It also users AI technology to help them with pre-approved loans and credit. 2. Silot Knowledge Graph: It helps in the transformation of structured & unstructured data into banking information using AI/ML technology. It also helps in knowledge construction, knowledge inference, and variable AI decision models.

REVENUE MODEL

Krungsri Bank

MAIN CLIENTS

Visa

Mastercard

Alipay

WeChat pay

PromptPay

EXISTING PARTNERSHIPS

Western Union

Commonwealth Exchange

Principal Mexico

DTS Solutions

EKO

Vodafone

IndusInd Bank

Digipro Mexico

Clearshift

Appleby

Sigue

Merchantarde

Afore Azteca

and Banorte Mexico.

People

FOUNDERS

Andy Li (CEO)

Villence Yu (COO)

Bryan Sun (CTO)

Andy Li

Bryan Sun

Villence Kang-Ran Yu

Zihao Dennis Song

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Arbor Ventures

Eight Roads Ventures

SBI Investment

Sumitomo Corporation

ZhenFund

KEY EMPLOYEES:

Zihao Song (Chief Scientist)

Momentum

FUNDED

YES

TOTAL FUNDING

$10.87 M

DATE OF LAST FUNDING

Mar 2019

TOTAL FUNDING COMMENT

The company will use its funds to fuel expansion in Thailand, Malaysia, Hong Kong, and other markets in the region. (Nov. 2018)

SEED & PRIOR FUNDING

$2.87 M

SEED CLOSED ON

Apr 2018

FUNDING SERIES

SERIES A  · $8 M  · Mar 2019

LISTED

NO

BASICS

FOUNDING YEAR:

2017

LOCATION:

Singapore

Views:

65 VISITORS | 120 VIEWS
LATEST FUNDING ROUND

$10.9 M

TOTAL EMPLOYEES
11-50

About

Silot offers a digital banking platform for banks, enabling them to avail an AI-leveraged software to automate and digitize their process. It allows them to work in real time by integrating with the company's application parallel. Recently, the company was selected by Plug and Play ADGM for the second batch of its FinTech program (2019).

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