Galileo’s industry-leading payment processing platform is powering fintechs, challenger banks and companies around the world. Check out some of our clients’ recent media coverage, highlighting new valuations and several unicorns, international expansion and partnerships, award recognitions and more.
Six Galileo clients made the list of the world’s 10 most valuable challenger banks (CB Insights).
Ualá announced its first international expansion from Argentina to Mexico (Bloomberg).
Robinhood, both powered by Galileo, secured new funding and reinforced their positions as the two most valuable U.S. consumer fintechs. Robinhood’s recent Series G extension round valued the company at $11.7 billion (Reuters).
Purple is using Galileo Instant to launch its new fintech to serve people who are unbanked and people with special needs (FinTech Futures). More than 1,000 companies have signed up for Galileo Instant since its launch.
BitPay was named Frost & Sullivan’s 2020 Global Alternative Payments Company of the Year (Cointelegraph).
Greenlight Financial Technology’s $215 million Series C funding round propelled it to unicorn status with a $1.2 billion valuation (Crunchbase News). Greenlight recently partnered with Chase to launch Chase First Banking, a new checking account to help children get a head start on banking (PYMNTS).
Blue Penguin Payments expanded its partnership with Galileo (FinTec Buzz).
New clients BitPay, Klar, MoneyLion and Remitly helped bolster Galileo’s significant growth in the first half of 2020.
Samsung, Mastercard and SoFi, with support from Galileo, launched Samsung Money by SoFi, a mobile-first money management account and branded debit card (FinTech Magazine).
Finexio secured $23 million in its latest funding round to simplify, optimize and monetize the last mile of the corporate accounts payable process through its cloud-based AP payments platform (Crowdfund Insider).
Remitly’s CEO recently addressed how fintech and digital payments are pushing banks to accelerate tech adoption (PaymentsSource).
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.
Top 10 Embedded Finance Companies Powering Payments, Banking and Lending
Galileo Financial Technologies provides the infrastructure that allows fintech companies and other platforms to offer banking products, card programs and embedded payment solutions to their users.
Galileo Says Secured Credit Is Ready for Its Comeback
Secured credit cards, in theory, are a tremendously useful product, particularly for financially underserved consumers. But in practice, they’ve been burdened by frictions like clunky onboarding, locked collateral accounts and a stigma that kept many consumers away. “The product itself was never the problem,” Shankar Pandravada, senior director of product management at Galileo Financial Technologies, told PYMNTS. “The experience was.”
Prashant Shah | VP of Product Management | Galileo - Ridin With The FinTech Cowboys
Debit cards may be the next major frontier for customer loyalty. Prashant Shah explains how embedded finance and debit rewards are transforming banking loyalty strategies, and why early adopters—especially community banks—stand to gain a competitive edge.
US Debit Spenders Increased Travel, Dining Spending this Spring Despite Headwinds
US debit cardholders spent more on dining and travel as the weather warmed, boosted in part by tax refund season, per SoFi Tech Solutions’s Q1 2026 Debit Spend Index. Dining and fast food transactions grew 18% over the quarter.
SoFi Tech Solutions Enables SoFi to Send and Receive FedNow® Service Payments
SoFi enables 24/7 instant payments with FedNow®, letting members send and receive money in seconds via SoFi Tech Solutions’s real-time payment platform.
