Galileo’s powerful payment processing platform is fueling the world’s most innovative fintechs, neobanks and companies worldwide. Check out a recent roundup of our clients in the news, highlighting new valuations, product and geographic expansions, award recognitions and more.
• Fintech LendUp debuts bank for those struggling financially (The Business Journals)
• Robinhood, Remitly and Dave take all three spots on Inc. Magazine’s “Best in Business 2020” list for financial services (Inc.)
• Revolut launches mid-tier subscription plan (TechCrunch)
• UK challenger bank Monzo picks up an additional £60M in funding (TechCrunch)
• TransferWise plans to make 750 hires (Finextra)
• Bitcoin payments startup BitPay applies for national U.S. banking license (Forbes)
• TomoCredit CEO Kristy Kim named to Inc. Magazine’s Top 100 Female Founders (Inc.)
• Greenlight’s Tim Sheehan talks about its unicorn status and mission of ‘helping parents raise financially smart kids’ by shining a light on the world of money (Fintech Finance)
• Oxygen Bank raises $17 million in Series A round (SiliconANGLE); and founder and CEO Hussein Ahmed shares a typical day (Tearsheet)
• Mobility Capital Finance, Inc.’s founder and CEO Wole Coaxum pens an opinion piece on economic equality (Business Insider)
As the API standard for card issuing and digital banking, Galileo’s powerful payment processing platform offers the easiest way to create sophisticated payment card programs and digital banking solutions. For more news and insights, follow us on LinkedIn and Twitter.
United Airlines Launches MileagePlus Debit Rewards Card that Earns Miles for Spending and Saving
This new card allows MileagePlus members to earn miles through everyday purchases and qualifying account balances. Available now with no monthly fees with an average daily account balance of $2,000 or greater, MileagePlus members can open the debit rewards card at UnitedDebitRewards.com
Engagement, New Partnerships Drive Growth for SoFi Tech Platform in Q3
SoFi's Technology Platform generated $114.6 million in Q3 2025 revenue while announcing a major partnership with Southwest Airlines to power their Rapid Rewards debit card program.
Swipe, Earn, and Fly With Southwest Airlines’ New Rapid Rewards Debit Card
Calling all budget-savvy travelers: Sign up to receive a welcome bonus and start earning points on everyday spending
Galileo, SoFi’s Tech Platform, Joins the AWS Partner Network
Partnership makes Galileo’s proven payment platform available through AWS, helping fintechs, banks, and brands accelerate innovation and reach.
Banks can’t duct tape their way out of legacy system failures. Core modernization is a business imperative
Legacy banking systems create mounting operational risks and innovation constraints, with "duct tape" fixes leading to frequent outages and inability to compete with agile fintechs. Ritesh Rihani from Galileo and John Kraper from PwC discuss incremental transformation strategies, talent challenges, and unlocking data-driven banking through modern API-based architecture and event-driven systems.
