Galileo’s $77 million Series A round, led by Accel, was recognized as the second largest payments deal in North America during Q4 2019, according to Electronic Payments International. Only HMS’s $155 million acquisition of Accent ranked higher.
Thirty-one deals, valued at $550.31 million were announced for the region during Q4 2019, against the last four-quarter average of 39 deals. Seventy-four percent of the overall value of industry deals occurred during Q4.
Click here for more on Q4 19 investment in the North American payment sector.
Rapid Finance Taps SoFi and Galileo to Enable Small Business Financing
Learn about the new Rapid Access Mastercard by Rapid Finance, in collaboration with Galileo and SoFi Bank. Tailored for small businesses, this card offers flexible, instant access to funds, empowering SMBs with the financial solutions they need to thrive.
Galileo Launches BNPL Post-Purchase for Credit & Debit
The new BNPL post purchase offering helps banks and fintechs give consumers greater financial flexibility
Galileo Expands Collaboration with The Bancorp to Offer Real-Time Payments via The Clearing House
Galileo and The Bancorp integration supports the seamless implementation of instant payments.
Client Expansion, New Product Adoption Drives Q4 Growth
SoFi’s technology platform, which comprises Galileo Financial Technologies and the Technisys cloud-based core banking services platform, saw increases in net revenue and total enabled accounts during the fourth quarter of 2023.
Product Uptake and Interest from FIs Powers Strong Q3
SoFi’s technology platform, which comprises Galileo Financial Technologies and the Technisys cloud-based core banking services platform, saw net revenue and total enabled accounts maintain growth during the third quarter of 2023.
