The Galileo partnership enables Mbanq’s customers to easily access both banking and card issuing services via a single API.
Leading Banking-as-a-Service (BaaS) provider, Mbanq, today announced that it is partnering with Galileo, the global leader in card issuing and payments processing, to streamline and speed up card issuing for Mbanq’s clients. The partnership enables Mbanq’s customers to easily access both banking and card issuing services via a single API.
Vlad Lounegov, CEO of Mbanq, says, “By partnering with payments and card issuing industry leader, Galileo, Mbanq becomes an essential one-stop-shop for all banking services. The collaboration is a perfect fit because Galileo and Mbanq share a commitment to building high-quality, modern financial infrastructure.
“This partnership enables Mbanq to simplify the card issuing process through a single banking API and enhances our clients’ ability to launch quickly and adapt to market needs in an agile manner.”
By leveraging Galileo's technology platform, Mbanq’s customers can issue, activate, and manage the entire card lifecycle using the same Mbanq API they use for all other banking services. Additionally, Mbanq provides program management services, including network agreements, fraud detection tools, BIN management, and custom card design, printing, packaging, and shipping services.
“Galileo delivers a single point of integration that empowers innovators to expand the financial frontier,” adds Derek White, CEO of Galileo. “Mbanq is an important new channel partner that helps us reach more businesses looking to launch and scale profitable digital banking services quickly. Mbanq also shares our focus on creating great developer experiences that massively simplify the process of building better financial services products at scale.”
Click here to read the full release.
Galileo Launches Secured Credit with Dynamic Funding
Discover how secured credit with dynamic funding helps banks and fintechs offer flexible credit-building solutions for consumers.
Galileo Launches Instant Account Verification and ML Risk Score
New tools deliver real-time fraud detection for fintechs, banks and businesses and maintain frictionless account experiences for customers
Galileo Enhances B2B Expense Management Offering with Mastercard Smart Data
How Galileo Financial Technologies empowers fintech clients like Rho with Mastercard Smart Data, enhancing spend visibility and streamlining expense management for businesses. Reduce errors, fraud, and manual work with enriched transactional data seamlessly integrated into ERP systems.
Galileo Tech Platform Drives Account Growth and Revenue in Q2
Discover how the Galileo Tech Platform boosted account growth and revenue in Q2 with innovative solutions.
Galileo Tops 150 Million Accounts in Another Strong Quarter
Galileo Financial Technologies surpasses 150 million end users in Q1 2024, driving strong revenue growth for SoFi’s Technology Platform. Discover how new clients and innovative products are fueling this expansion.