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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The Spring Surge: New Galileo Debit Spend Index Charts Q1 Spend and the Year Ahead
American consumers spent cautiously on debit through January and early February before early tax refunds and spring weather sparked a March spending surge, according to the inaugural Galileo Debit Spend Index.
Why Gen Z’s Debit Card Push is Eating Into Credit Card Profits
For people worried about the economy and dealing with affordability issues, one option could be to tuck that high interest rate credit card aside and reach for a trusty debit card instead. To uncover the latest debit card trends, CardRates recently sat down with Paul Dunning, Vice President of Business Development at Galileo Financial Technologies, a fintech firm owned by SoFi. He explained why Gen Z consumers are turning to debit cards and expecting rewards, the compelling case for debit card rewards, and the appeal of debit cards for the debit-first consumer.
Half of Consumers Have Chosen One Brand Over Another Because Paying or Getting a Refund Was Easier
Consumer demand for financial services embedded within brand apps is outpacing brands’ ability to deliver, with most executives recognizing the gap. New research from Galileo Financial Technologies, soon to become SoFi Technology Solutions, found that 80% of brand executives say they plan to launch integrated financial services, but only 20% have done so thus far. The 2026 Galileo Integrated Financial Services Research Report, based on surveys of more than 2,000 U.S. consumers and 150 senior executives, shows that while consumers are already using features like saved cards, rewards, and instant refunds inside brand apps, most brands have yet to launch these capabilities.
Brand Executives Fear They’re Losing Customers to Rivals With In-App Financial Tools, Galileo Research Finds
Half of consumers have chosen one brand over another because paying or getting a refund was easier
Introducing SoFi Tech Solutions: A Unified Brand Built to Power End-to-End Financial Innovation
We’re evolving from Galileo to SoFi Tech Solutions to reflect the full scope of our platform. We deliver end-to-end infrastructure for fintechs, brands, and financial institutions, now backed by SoFi’s scale and resources. Our mission stays the same: support our clients’ growth while maintaining platform neutrality and strong data protections.
