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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Product Uptake and Interest from FIs Powers Strong Q3
SoFi’s technology platform, which comprises Galileo Financial Technologies and the Technisys cloud-based core banking services platform, saw net revenue and total enabled accounts maintain growth during the third quarter of 2023.
Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem
Companies outside of Galileo’s ecosystem can now leverage the proactive risk-scoring fraud engine and reduce payment and payment-related fraud.
Introducing Corporate Credit for B2B Expense Management
Galileo Corporate Credit solution consolidates credit limits to deliver better spend visibility, and remove accounting complexities.
Galileo First to Attain Multi-market Mastercard Certification in Latin America
Galileo announces Mastercard certification in five new Latin American countries, further solidifying commitment to accelerate digital transformation across region.
Galileo Expands Buy Now, Pay Later Offering to Help Lenders Reach SMBs
Banks and fintechs working with Galileo can now provide responsible, intelligent installment financing options for SMBs seeking more flexibility for big purchases.