Many of Galileo’s fintech and challenger bank clients are making headlines and taking action to show their support during this tough time. Below is a roundup highlighting how our clients—like Aspiration, BlueVine, Paysafe and SoFi—are doing their part to make an impact during the COVID-19 global pandemic.
• Americans Are Spending Their Coronavirus Stimulus Checks on Food, Gas and Paying Back Friends (CNBC)
• Aspiration Donates 3,000 Reusable Face Shield to LAC-USC Medical Center (LinkedIn)
• 34 Fintech Companies Aiding in Coronavirus Relief (Andreessen Horowitz)
• Combating COVID-19: Contactless Payments on the Doorstep (Paysafe)
Galileo is proud to be the API standard for card issuing programs and fintech innovation for these and other clients worldwide.
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.