The year is off to an exciting start for Galileo clients! From fundraising to expansions, these innovative fintechs, neobanks and providers from around the world are making strides in their journeys to expand the financial frontier.
Check out our roundup of Galileo clients in the news recently.
• Several Galileo clients were named finalists for the LendIt Fintech Industry Award, including Fundbox and Lili.
• American Banker interviewed Dave CEO Jason Wilk about the company’s plans after going public.
• TechCrunch profiled Mesh Payments about the $50 million in Series B funding it raised to help support the platform’s continued development.
• MoneyLion’s acquisition of embedded finance marketplace Even Financial was featured by Fintech Futures.
• Finextra ran a feature on Revolut’s expansion into Western Europe.
• The launch of Robinhood’s First Trade Recommendations for beginner investors was recently highlighted by The Verge.
• Gotham Magazine profiled TomoCredit about its quest to help GenZ build credit.
• Tribal was showcased by PYMNTS for closing its $40 million debt funding round, which included $20 million USDC from the Stellar Development Foundation.
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Galileo Enables Brands to Offer Co-Brand Debit Rewards Cards
New Galileo program makes it easier than ever to offer rewards to the overlooked $4.3 trillion debit market, a first-of-its-kind in the U.S. hospitality sector.
SoFi Closes Record Financial Year with Major Galileo Partnerships
SoFi’s technology platform showed strong growth in the final quarter of 2024, with total enabled accounts and segment revenue tallying solid year-over-year gains, the company announced in its most recent earnings report.
Mesh Teams Up with SoFi and Galileo for Expense Management Innovation
SoFi Bank’s relationship with Galileo strengthens Mesh Payments’ drive to reduce inefficiencies and accelerate the development of new products.
Another Strong Quarter for Galileo as Total Accounts Pass 160 Million
SoFi’s technology platform continued growing in the third quarter of 2024, with total enabled accounts and segment revenue both tallying double-digit-percent increases year-over-year.
SoFi to Adopt Galileo's Cyberbank Core for Sponsor Banking
SoFi Technologies partners with Galileo to adopt Cyberbank Core, enhancing its new commercial payment services and sponsor banking program.