Over the last year, Galileo clients have made headlines for their innovative work in support of transforming the financial frontier for all individuals. These forward-thinking fintechs, neobanks and companies have released new products, formed new partnerships, received recognition for their work and raised significant funding.
Check out the latest news from Galileo clients over the last month.
• Several Galileo clients made Fintech Magazine’s list of the Top 10 Most Influential Fintech Companies, including Robinhood, Wise and more.
• Greenwood was recently profiled by Tearsheet for its much-anticipated launch, highlighting the 600,000 signups the company already has on a waitlist.
• Greenlight announced collaboration with Amazon to provide financial education to millions of families.
• Greenlight was also ranked along with Remitly by Deloitte as some of the 2021 Technology Fast 500 companies in North America.
• MoneyLion was included in an article from Banking Dive on the market’s interest in cryptocurrency.
• Monzo was featured by Finextra for the addition of a virtual card to its Flex buy now, pay later product.
• TomoCredit was mentioned in an article from The New York Times on how startups are leveraging technology and data in innovative ways to determine who should receive a loan or credit.
For more client news, see some of the most noteworthy stories from 2020 in our newsroom. For regular news and insights, follow us on LinkedIn and Twitter.
The Spring Surge: New Galileo Debit Spend Index Charts Q1 Spend and the Year Ahead
American consumers spent cautiously on debit through January and early February before early tax refunds and spring weather sparked a March spending surge, according to the inaugural Galileo Debit Spend Index.
Brand Executives Fear They’re Losing Customers to Rivals With In-App Financial Tools, Galileo Research Finds
Half of consumers have chosen one brand over another because paying or getting a refund was easier
Introducing SoFi Tech Solutions: A Unified Brand Built to Power End-to-End Financial Innovation
We’re evolving from Galileo to SoFi Tech Solutions to reflect the full scope of our platform. We deliver end-to-end infrastructure for fintechs, brands, and financial institutions, now backed by SoFi’s scale and resources. Our mission stays the same: support our clients’ growth while maintaining platform neutrality and strong data protections.
Galileo 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 Galileo’s real-time payment platform.
Your Loyalty Program Might Be Ignoring Your Best Customers
For decades, most loyalty programs were built around credit cards. That alignment made sense at a time when revolving credit was the primary lens through which loyalty and rewards were structured. But consumer payment behavior has changed, and Gen Z is making that shift especially visible.
