Galileo’s powerful payments processing platform is fueling the world’s most innovative fintechs, neobanks and companies. Check out our recent roundup of Galileo clients in the news, highlighting award recognitions, fundraising and industry growth.
Oxygen was recognized for “Best Overall Fintech App” in the 2021 FinTech Breakthrough Awards (Yahoo Finance!)
Greenlight Financial Technology CEO Timothy Sheehan spoke about his company’s new educational investing service for kids (Tearsheet)
TomoCredit CEO Kristy Kim shared the company’s secret sauce for offering credit to those without a credit history (Mastercard)
KOHO Co-Founder and CEO Daniel Eberhard joined podcast host John Siracusa for a discussion of the company’s history and mission on the Bank on It Podcast
Paysafe Group listed on the NYSE after merging with a special purpose acquisition company (Coinspeaker)
Greenwood closed a $40M Series A investment to support its financial empowerment mission (CNN)
Aspiration was featured for disrupting financial services as a purpose-driven neobank on a mission to “build a better world” (Forbes)
Cheese, a startup digital bank for the Asian American community, is working with actor Jimmy Wong to raise money for anti-hate organizations (Protocol)
Ualá has reached more than 100,000 users in Mexico in just six months (Ualá) and was named one of the four fintechs disrupting the Latin American financial ecosystem (IBSIntelligence)
As the API standard for card issuing and digital banking, Galileo’s powerful payments 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.
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.
How to serve customers better at the point-of-decision ft. Galileo’s CEO Derek White
30% of customers are pulling out debit cards when making purchases at major travel and entertainment brands. The co-branded debit card presents a new opportunity or brands to deepen customer relationships while addressing the preferences of a generation that increasingly chooses debit over credit.
SoFi Tech Platform Drives Revenue Growth, Expands Beyond Financial Services in Q2
SoFi's Technology Platform segment achieved strong 15 percent revenue growth, expanded into new sectors, and powered innovation across the company in Q2.
Galileo Drives SoFi's Seamless Fintech Integration and Expansion
Since acquiring Galileo Financial Technologies in 2020, SoFi Technologies, Inc. SOFI has deepened its fintech infrastructure by integrating Galileo’s payment processing and tech capabilities across its growing suite of offerings.
Modern Banking Starts With Mindset Before Tech
Despite massive investments in digital transformation, a persistent gap between operational stability and forward-looking innovation continues to stall progress.
