What is Galileo payment?
Galileo, the API standard for card issuing, virtual card solutions and digital banking, is a global payments processing platform that powers world-leading fintechs, challenger banks, neobanks, financial services and investment firms by removing the complexity from payments.
What is the Galileo platform?
Galileo Platforms is a platform technology company serving the insurance sector. Using blockchain technology, we cost-efficiently connect distributors and insurers, enabling them to transact in real-time and to deliver a seamless, digital customer journey.
Who uses Galileo Financial Technologies?
Today, Galileo works with North America’s leading fintechs—including Dave.com, MoneyLion, SoFi, Ualá and many others—as well as with the U.S.-based business of international powerhouses, including Monzo and Wise.
What companies use Galileo?
Companies Currently Using Galileo
| Company Name | Website | Sub Level Industry |
|---|---|---|
| Aspiration.com | aspiration.com | Call Centers & Business Centers |
| MSR IT LTD | msrlimited.com | Software Development & Technical Consulting |
| Gang-Board | gangboard.com | Training |
| MSRIT | msrit.edu | Colleges & Universities |
What is Galileo Processing?
Galileo is a payment processing solutions platform, providing their customers with AI fraud detection.
What is Galileo bank?
Galileo provides APIs that allow fintech companies like Monzo and Chime to easily create bank accounts and issue physical and virtual credit cards, among myriad other services. The company has found particular success in the United Kingdom, where all five of the country’s largest fintechs are customers.
How does Galileo API work?
The Galileo Real-Time Events API provides real-time notification of your customers’ activities—such as changes in card status, authorization, settlement and deposits—as events happen. Using our Real-Time Events API, you eliminate batch processing delays created by massive end-of-day batch files.
Who are Galileo’s customers?
About Galileo Galileo clients include Chime, Monzo, KOHO, Revolut, Robinhood, TransferWise, Varo and many others.
Who owns Galileo Processing?
SoFi
Galileo Financial Technologies, LLC/Parent organizations
Galileo Financial Technologies was acquired by SoFi for $1.2B on Apr 7, 2020 . This deal was done in Cash & Stock .
Does Robinhood use Galileo?
Robinhood, both powered by Galileo, secured new funding and reinforced their positions as the two most valuable U.S. consumer fintechs. Robinhood’s recent Series G extension round valued the company at $11.7 billion (Reuters). More than 1,000 companies have signed up for Galileo Instant since its launch.
Who owns Galileo?
Galileo Financial Technologies, LLC/Parent organizations
What is Galileo SoFi?
In April 2020, SoFi surprised the world by announcing an acquisition of Galileo. Galileo is a banking infrastructure solution company that offers a payment processing platform and a variety of services for Digital Banking companies. They empower most emerging banking platforms.