Congratulations to our innovative clients and partners who are reimagining how their customers connect with their money in order to build a better financial future for their customers and the world.
As the global leader in modern financial technology, Galileo’s future-proof platform helps innovators expand the financial frontier. Check out our recent roundup of Galileo clients in the news, highlighting financings, product launches and industry growth.
• Lower raises $100M Series A led by Accel
• Cheese rolls out rewards geared towards Asian-owned businesses
• Klar raises Series B led by General Atlantic to support growth of its digital financial services platform in Mexico
• Prime Trust raises $64M Series A, reports topping $100M in annual revenue
• Lili targets freelancer business management with $55M Series B
• Fortú serves the underbanked and unbanked Latino communities in the U.S.
• Ualá’s CEO talks with CNN about the company’s mission and expansion
• Till Financial’s kids’ spend management app gets Gates’ backing
• The top 10 digital-first banking apps in the U.S. recorded 16.33 million installs during the first half of 2021
• Fintechs, including Cheese Financial and Purple Financial, show up for their communities
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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.
