The year is off to an exciting start for Galileo clients! From fundraising to expansions, these innovative fintechs, neobanks and providers from around the world are making strides in their journeys to expand the financial frontier.
Check out our roundup of Galileo clients in the news recently.
• Several Galileo clients were named finalists for the LendIt Fintech Industry Award, including Fundbox and Lili.
• American Banker interviewed Dave CEO Jason Wilk about the company’s plans after going public.
• TechCrunch profiled Mesh Payments about the $50 million in Series B funding it raised to help support the platform’s continued development.
• MoneyLion’s acquisition of embedded finance marketplace Even Financial was featured by Fintech Futures.
• Finextra ran a feature on Revolut’s expansion into Western Europe.
• The launch of Robinhood’s First Trade Recommendations for beginner investors was recently highlighted by The Verge.
• Gotham Magazine profiled TomoCredit about its quest to help GenZ build credit.
• Tribal was showcased by PYMNTS for closing its $40 million debt funding round, which included $20 million USDC from the Stellar Development Foundation.
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One-Tap Payment Switch Gives Banks the Edge in Account Primacy
Prashant Shah, VP of product management at Galileo Financial Technologies, challenged the PYMNTS audience to remember a recent bill paying experience where updating a subscription meant having to chase down Netflix or Amazon — even the local power company — to log into each individual site to update payment details.
‘Trust me, I’m an algorithm’: How fintech is rebuilding customer confidence in the age of AI
Trust in financial services now means showing customers how AI works, ensuring it treats them fairly, and being upfront about data use.
What’s Happening With SOFI Stock?
The company’s strategic shift toward higher-margin revenue avenues through its Technology Platform (Galileo and Technisys) and Financial Services segments is attracting investor interest.
Galileo Debuts ‘Payment Switch’ for Easier Bill Pay
Galileo integrates another new solution, powered by Atomic, to help clients become the first choice for everyday spend and grow recurring revenue.
Behind SoFi's Technology Business
SoFi has built a booming business in banking, but how does the technology business work and scale?