Many thanks to Tearsheet for naming Galileo “Best Payment as a Service Platform” during the Embedded Payments Awards Ceremony on November 19. We’re thrilled for the honor!
Here’s what Tearsheet said about us:
Galileo’s APIs have become standard for many top fintechs and financial services firms to create sophisticated payment card programs and digital banking solutions. The addition of Galileo Instant enables any business—including startups and businesses that need a fast and easy payout solution—to become a fintech through the use of embedded payments.
Galileo powers leading fintechs, including Robinhood, MoneyLion, Greenlight, Current, Aspiration, KOHO the U.S. divisions of Monzo, Revolut, TransferWise and Paysafe.
According to one independent assessment, Galileo drives >95% of fintech digital banking in the U.S.
To learn more about Galileo, please contact us!
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.
SoFi and Mastercard Partner to Enable SoFiUSD Settlement Across Mastercard’s Global Payments Network
SoFi’s fully reserved U.S. dollar stablecoin will support settlement across the Mastercard network, including for SoFi Bank, N.A. Galileo, SoFi’s technology platform, will be among the first to offer its clients and their issuing banks the choice to settle transactions using SoFiUSD The Mastercard Multi-Token Network will look to support SoFiUSD, help expand interoperability between digital assets and traditional forms of money
Southwest and Galileo Bring Rewards to Debit’s Doorstep
Galileo’s platform integrates issuing, processing, and program management so non-financial brands like Southwest can launch co-branded cards faster. The economics of debit rewards differ from credit, but Galileo CFO Bill Kennedy said technology efficiencies and deeper loyalty make the model sustainable.
United Airlines Launches MileagePlus Debit Rewards Card that Earns Miles for Spending and Saving
This new card allows MileagePlus members to earn miles through everyday purchases and qualifying account balances. Available now with no monthly fees with an average daily account balance of $2,000 or greater, MileagePlus members can open the debit rewards card at UnitedDebitRewards.com
Southwest Airlines, powered by Galileo (SoFi’s tech platform), has launched the Rapid Rewards Debit Card
Southwest Airlines, powered by Galileo (SoFi’s tech platform), has launched the Rapid Rewards Debit Card, letting debit-first customers earn points on everyday purchases to redeem against flights.
