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Silot has raised $11.0M across 2 funding rounds.
Silot has raised $11.0M in total across 2 funding rounds.
Silot is a fintech company founded in 2017, headquartered in Singapore with an R&D center in Beijing. It builds technology solutions that connect data and function silos within the financial industry, leveraging artificial intelligence and blockchain to empower financial institutions, global merchants, and SMEs. Initially focused on B2B banking infrastructure and financial product connectivity, Silot has evolved to directly serve SMEs and social e-commerce sellers, addressing inefficiencies in payments, marketing, and finance through data optimization and analytics. The company holds AI patents and operates as a multinational licensed service provider, ensuring compliance and regulatory adherence[1][2][3].
Silot was co-founded by Bryan Sun, CTO, and Andy Li, COO. Bryan brings over seven years of software development experience, including leadership roles at Baidu Wallet and Baidu Global Business Unit, with a Master’s in Computer Science from Peking University. Andy Li has more than a decade of experience in global internet business expansion, having held senior roles at Baidu Global Payment, Kingsoft, Garena, and Sohu Changyou. The idea for Silot emerged from their combined expertise in fintech and internet ecosystems, aiming to break down data silos and enhance financial services with AI and blockchain. Early recognition came in 2019 when KPMG named Silot among the world’s top 100 fintech companies[1][3].
Silot rides the wave of digital transformation in financial services, particularly the integration of AI and blockchain to dismantle legacy data silos. The timing is critical as global financial institutions and merchants increasingly demand seamless, data-driven, and compliant fintech solutions. Market forces such as the rise of social commerce, SME digitalization, and regulatory complexity favor Silot’s model. By enabling next-generation efficiency and capabilities, Silot influences the fintech ecosystem by promoting interoperability, inclusivity, and innovation across Asia’s dynamic markets[2][3].
Looking ahead, Silot is positioned to expand its footprint in the growing SME and social commerce fintech segments, leveraging its AI and blockchain capabilities. Trends such as increased regulatory scrutiny, demand for cross-border payments, and AI-driven financial analytics will shape its trajectory. As digital finance ecosystems evolve, Silot’s role as a connector of data and function silos could deepen, potentially influencing broader fintech standards and practices in Asia and beyond. Its continued innovation and multinational compliance will be key to sustaining growth and impact[1][2][3].
Silot has raised $11.0M in total across 2 funding rounds.
Silot's investors include Arbor Ventures, Casa Verde Capital, Liquid 2 Ventures, Andre Iguodala.
Silot has raised $11.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in March 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2019 | $8.0M Series A | Arbor Ventures, Casa Verde Capital, Liquid 2 Ventures, Andre Iguodala | |
| Apr 1, 2018 | $3.0M Seed | Arbor Ventures, Casa Verde Capital, Liquid 2 Ventures, Andre Iguodala |
