Galileo is fortunate to partner with some of the most innovative fintechs, neobanks and companies around the globe as their trusted guide to the financial frontier.
Check out our recent roundup of Galileo clients in the news, highlighting new partnerships, product releases, award nominations and other company news.
• Albert, Till Financial, Tribal Credit and Varo were named by Tearsheet as finalists for the 2021 Challengers Awards.
• CapWay CEO and founder Sheena Allen spoke to Bloomberg about the launch of a debit card for the unbanked.
• The Change Company was named to Fortune’s 2021 "Change the World" list for how it creatively uses tools of capitalism—including the profit motive—to address society’s unmet needs.
• Fundbox was profiled by PYMNTS for a story on how spend management solutions help power growth and facilitate remote work.
• Propel Founder and CEO Jimmy Chen recently spoke with Forbes about serving the underbanked.
• Soon named Galileo as a partner on its innovative approach to investing.
• Toast was highlighted by Total Food Service for the success of its IPO.
• Tomo Credit Co-Founder and CEO Kristy Kim’s participation in a Money 2020 panel on why traditional credit-scoring systems exclude a large cohort of consumers was mentioned by Business Insider.
For more news and insights, follow us on LinkedIn and Twitter.
Banks Are Asking the Wrong Questions About Core Modernization
In the early 2000s, Netflix offered Blockbuster an opportunity to integrate its online DVD rental model for $50 million. Blockbuster, bullish on its retail dominance, dismissed the offer, scoffing at the idea that digital and mail-based rentals could compete with its physical footprint. Blockbuster became a relic, while Netflix grew into a $433 billion global company.
Galileo Brings Co-Brand Debit Rewards to Hospitality Sector
Galileo is bringing its debit card rewards programme - which allows brands to offer debit users access to rewards normally reserved for credit card customers - to the US hospitality sector.
Choosing the Best Banking Option Isn’t Always Easy
Choosing the right banking option can be complex, with consumers weighing features like fees, accessibility and digital tools across traditional banks, credit unions, online banks and fintech firms.
Relationship Fragmentation is Killing Loyalty: How Should Banks Respond?
Banks have long believed that delivering core banking services inevitably leads to ownership of their customers' full financial needs. That's becoming a dangerous myth, according to a new report on emerging consumer behaviors across multiple generations.
Galileo Rolls Out Wire Transfer API for Fintechs
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement.
