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About

Founded in 2017 and headquartered in Hong Kong, Cregis is an enterprise digital asset infrastructure platform. Through Wallet Infrastructure (WaaS), Fund Flow Orchestration (Rails), and Custody capabilities, Cregis helps businesses securely, efficiently, and compliantly operate digital assets.

About

Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers. Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3. Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon.

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Crypto exchanges, fintech companies, payment providers, digital banks, brokers, and Web3 businesses

Audience

Fintech , Crypto, Web3, embedded finance, banking-as-a-service

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$199/month
Free Version Supported
Free Trial Not Supported

Pricing

Ask sales
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.4 / 5
ease 4.3 / 5
features 4.4 / 5
design 4.2 / 5
support 4.6 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.5 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Cregis WaaS provides the receiving addresses, balance queries, and transfer functions we need for crypto funding. We can connect these capabilities to our client portal without developing a separate wallet backend. For our brokerage, the main value is keeping wallet infrastructure manageable while our team focuses on deposits and withdrawals.
  • We value the ability to define transaction permissions and approval policies around our internal responsibilities. The custody technology and deployment options are relevant when assessing how digital asset operations should fit into our wider technology environment. The focus on controlled access is particularly useful when several departments are involved.
  • The API-first design makes it easier to integrate wallet creation and transaction functionality into our existing product. Cregis handles much of the underlying multi-chain infrastructure, allowing our developers to focus on customer-facing features.
  • Cregis allows us to manage multi-chain wallets and payment workflows without developing the complete infrastructure internally. The API integration, approval controls and transaction monitoring help our operations and finance teams work within a more structured process.
  • Cregis allows us to introduce multi-chain wallet and payment capabilities without building every component from the beginning. The APIs support wallet creation, transaction processing and monitoring, while the permission and approval features help our operations team maintain control as usage grows. We also value having wallet infrastructure and payment functions available within the same ecosystem.

Cons

  • The connection between wallet transactions and trading account balances still needs to be built and tested on our side. More examples for unmatched deposits and withdrawal exceptions would make implementation easier.
  • Implementation requires more than a technical integration. Our security, legal, and operations teams need to assess the setup and document their responsibilities. A more consolidated implementation guide covering these different stakeholders would be helpful.
  • We would like to see more SDK examples, sandbox scenarios and troubleshooting documentation for developers who are new to blockchain payment operations.
  • Some advanced policies require time to configure, particularly when adapting the platform to existing settlement and reconciliation procedures. More pre-built payment integrations would be helpful.
  • More SDK examples for different development frameworks would be helpful. We would also welcome additional webhook debugging tools, pre-built integration modules and more detailed guidance for handling unusual payment states.

Pros & Cons from Real Users

Pros

  • The basic features are there to use, and the complex features can be easily be implemented with their extensive documentation and onboarding support.
  • 1. Organized and transparent onboarding and diligence process 2. API is well-documented and robust 3. The Sila team and the level of support and service they provide is the best we've seen in the space. 4. Sila acts and operates as a true partner

Cons

  • Complex scenarios can be tricky, so you need to involve onboarding support.
  • When I find one I'll post it - the partnership has been incredibly positive.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Cregis
Founded: 2017
Hong Kong
www.cregis.com/

Company Information

Sila
Founded: 2018
United States
silamoney.com

Alternatives

Alternatives

Cybrid

Cybrid

Cybrid Technology Inc.
SiLAS

SiLAS

SILAS
SILA

SILA

Gustafsson Cyber Group Ltd

Categories

Crypto APIs Supported

Categories

AML Supported
B2B Payment Supported
Banking Supported
Compliance Supported
Crypto APIs Supported
Digital Wallets Supported
Embedded Finance Supported
Embedded Payments Supported
Finance Supported
Financial Services Supported
Fraud Detection Supported
KYC Supported
Mobile Banking Supported
Money Transfer Supported
Payment Gateways Supported
Payment Processing Supported

AML Features

Behavioral Analytics Supported
Case Management Not Supported
Compliance Reporting Supported
Identity Verification Supported
Investigation Management Not Supported
PEP Screening Not Supported
Risk Assessment Supported
SARs Supported
Transaction Monitoring Supported
Watch List Supported

Banking Features

ATM Management Not Supported
Compliance Tracking Supported
Corporate Banking Not Supported
Credit Card Management Not Supported
Credit Union Not Supported
Investment Banking Not Supported
Multi-Branch Not Supported
Online Banking Supported
Private Banking Not Supported
Retail Banking Not Supported
Risk Management Supported
Securities Management Not Supported
Transaction Monitoring Supported

Billing and Invoicing Features

Billing Portal Not Supported
Contact Database Not Supported
Contingency Billing Not Supported
Customer Portal Not Supported
Customizable Invoices Not Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Invoice History Not Supported
Mobile Payments Supported
Multi-Currency Not Supported
Online Invoicing Not Supported
Online Payments Supported
Payment Processing Supported
Project Billing Not Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Business Bank Accounts Features

Bank Wires Not Supported
Bill Pay Supported
Billing & Invoicing Supported
Business Credit Cards Not Supported
Checking Account Supported
Checks Not Supported
Expense Management Not Supported
Instant Payouts Supported
No Fee Payments Not Supported
Rewards Not Supported
Savings Account Not Supported
Spend Management Not Supported

Compliance Features

Archiving & Retention Not Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Not Supported
Controls Testing Not Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
Incident Management Not Supported
ISO Compliance Not Supported
OSHA Compliance Not Supported
Risk Management Supported
Sarbanes-Oxley Compliance Not Supported
Surveys & Feedback Not Supported
Version Control Not Supported
Workflow / Process Automation Supported

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Not Supported
Balance Sheet Not Supported
Cash Management Not Supported
Consolidation / Roll-Up Not Supported
Forecasting Not Supported
General Ledger Supported
Income Statements Not Supported
Multi-Company Not Supported
Multi-Department / Project Not Supported
Profit / Loss Statement Not Supported

Financial Services Features

Analytics Not Supported
Branch Optimization Not Supported
Channel Management Not Supported
Compliance Management Not Supported
Customer Engagement Not Supported
Performance Management Not Supported
Risk Management Supported

Fraud Detection Features

Access Security Management Not Supported
Check Fraud Monitoring Not Supported
Custom Fraud Parameters Supported
For Banking Supported
For Crypto Supported
For eCommerce Supported
For Insurance Industry Supported
Internal Fraud Monitoring Supported
Investigator Notes Not Supported
Pattern Recognition Supported
Transaction Approval Supported

Mobile Banking Features

Bill Payment Supported
Biometric Not Supported
Cash Management Not Supported
Chat / Messaging Not Supported
Cross Selling Functionality Not Supported
Digital Wallet Supported
P2P Payments Supported
Remote Deposit Supported
SMS Banking Supported
Transaction Monitoring Supported
Voice Banking Not Supported

Payment Gateways Features

ACH / eCheck support Supported
Buyer Authentication Supported
Credit / Debit Support Supported
Customer Information Storage Supported
Fraud Prevention Supported
Invoicing Supported
Multi-Currency Not Supported
PCI Compliance Supported
Point-of-Sale (POS) Supported
Recurring Billing / Subscriptions Supported
Reporting / Analytics Supported

Payment Processing Features

ACH Check Transactions Supported
Bitcoin Compatible Supported
Debit Card Support Supported
Gift Card Management Not Supported
Mobile Payments Supported
Online Payments Supported
POS Transactions Supported
Receipt Printing Not Supported
Recurring Billing Supported
Signature Capture Not Supported

Integrations

Ethereum Supported
Alloy Not Supported
Aptos Supported
Argyle Not Supported
Avalanche Bridge Supported
Base Supported
Bitcoin Cash Supported
Cardano Supported
Checkout.com Not Supported
Dogecoin Supported
Filecoin Supported
Finicity Not Supported
Jumio Not Supported
MX Not Supported
Plaid Not Supported
ServiceBell Not Supported
Socure Not Supported
Thunes Not Supported
Vesta Not Supported

Integrations

Ethereum Supported
Alloy Supported
Aptos Not Supported
Argyle Supported
Avalanche Bridge Not Supported
Base Not Supported
Bitcoin Cash Not Supported
Cardano Not Supported
Checkout.com Supported
Dogecoin Not Supported
Filecoin Not Supported
Finicity Supported
Jumio Supported
MX Supported
Plaid Supported
ServiceBell Supported
Socure Supported
Thunes Supported
Vesta Supported
Claim Cregis and update features and information
Claim Cregis and update features and information
Claim Sila and update features and information
Claim Sila and update features and information