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.
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.
