Galileo’s powerful payment processing platform is fueling the most innovative fintechs, neobanks and companies worldwide. Check out a recent roundup of our clients in the news, highlighting new funding and valuations, industry growth and company expansions.
• Dave CEO Jason Wilk shares how the company is making moves to push further into banking (Protocol).
• Oxygen completed its series A raise of $17 million to serve its 125,000 business and personal accounts (siliconANGLE).
• Albert recently closed a $100 million series C funding round to grow its financial products (Medium).
• Ualá was mentioned in a recent article for being a key player in the Latin America fintech sector (Crowdfund Insider). Ualá was also featured in Rocking Talent magazine where Ualá's founder and CEO Pierpaolo Barbieri shared the importance of financial inclusion and financial education.
• MoneyLion was among the companies mentioned in a recent article that indicates +40% growth among top challenger banks (Trading Platforms). In addition, the company announced it has entered into a definitive agreement that would result in MoneyLion becoming a publicly listed company via SPAC funding. The estimated post-transaction enterprise value is $2.4 billion (MoneyLion).
• CarIQ is accelerating the connected automotive future and making "pay by car" happen (PYMNTS).
• Lili was featured as a fintech that is helping businesses quickly pay gig workers (FinLedger).
• Mesh Payments’ $13 million funding round was covered by Fintech Finance. The startup—which increased its paying clients 20x in the past year—will use the funding to expand its sales and marketing efforts related to transforming the way corporate payments are processed, paid and managed.
• TomoCredit’s $7 million funding round, which will be used to continue the company’s mission to help cash rich but credit poor individuals establish credit histories, was covered by 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.
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.
