Galileo’s powerful payment processing platform fuels the most innovative fintechs, neobanks and companies worldwide. Check out a recent roundup of our clients in the news, highlighting new product launches, company expansions and new investments.
• BitPay announced its U.S.-based BitPay Wallet app users can provision the BitPay Card to their Apple Pay mobile wallet (Business Insider)
• Clair launched a Mastercard debit card to provide free wage advances to hourly workers (Yahoo! Finance)
• Oxygen CEO Hussein Ahmed wrote a featured article on the origins and value of fintech (Coruzant Technologies)
• TransferWise announced it’s renaming to Wise after it expanded to build a cross-border payments network (The Fintech Times)
• Mobility Capital Finance (MoCaFi) announced its capital investment from Mastercard to expand affordable financial service to underserved communities (Finextra)
• Ahead Financials CEO Anu Shultes was recognized on GV’s Impact List, highlighting 25 exceptional women for International Women’s Day (gv.com)
• Koho recently secured $70 million CAD in Series C financing to scale digital banking services (Fintech Finance)
• First Boulevard has raised $5M for its digital bank aimed at Black America (TechCrunch)
As the API standard for card issuing and digital banking, Galileo’s powerful payment processing platform offers the easiest way to create sophisticated payment card programs and digital banking solutions. For more news and insights, follow us on LinkedIn and Twitter.
SoFi Tech Platform Continues Growth in Q1, Eyes New Segments
SoFi’s Technology Platform reaches 158.4 million accounts with 10 percent revenue growth and expands beyond financial services in Q1 2025
Galileo Deposit Sweep Boosts Earnings and FDIC Coverage
Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client.
Ascenda and Galileo Collaborate to Elevate Card Loyalty Programs
Partnership combines Galileo's technology platform and Ascenda's loyalty expertise to simplify and power card loyalty programs.
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.
