Articles from Galileo Financial Technologies, LLC

Mesh Payments, an innovator in global travel and expense management, has joined forces with SoFi Bank as its sponsor bank and with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI) as its longtime payments processor.

SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH and wire transactions, and associated banking services. Cyberbank Core became an integral part of Galileo’s offering after SoFi’s acquisition of Technisys in 2022. Galileo is a subsidiary of SoFi.

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI), announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This streamlined solution also reduces the risk for lenders by backing credit with secured deposits.

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, a market-leading expense reporting and analytics suite. By integrating detailed transactional data directly from Mastercard, businesses can significantly reduce the time and complexity of managing corporate expenses.

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement. Through its wire transfer API, Galileo connects fintechs partnering with Community Federal Savings Bank (“CFSB”) with Fedwire via sponsor bank CFSB.

85% of consumers say they have positive experiences with their primary financial institution (FI), yet they’re using as many tools or services with other financial providers as they are with their primary FI, according to a new study released today by Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI), in collaboration with Datos Insights.

Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQSOFI), today announced the launch of the Rapid Access Mastercard. Rapid Finance’s Mastercard program is the first program sponsored by SoFi Bank, and managed by Galileo, giving eligible small business (SMB) customers quick and flexible access to their funds when they need it most.

Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), announced today an expansion of its relationship with The Bancorp Bank, NA, that enables real-time payments services. Using the RTP® network from The Clearing House, Galileo and The Bancorp are delivering instant money movement between bank accounts, enabling fintechs and brands to solve the longstanding cash flow challenges faced by small businesses (SMBs) and consumers looking to get fast access to their funds.

Galileo Financial Technologies, LLC, a leading financial technology company independently owned and operated by SoFi Technologies, Inc. (NASDAQSOFI), is now offering the Galileo Payment Risk Platform to the entire financial services ecosystem. This holistic fraud engine delivers real-time payment risk mitigation controls that allow any fintech or financial brand to proactively reduce fraud losses and minimize payment risks.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), today launched the Galileo Corporate Credit solution to help businesses modernize expense management. Traditionally, managing thousands of employee charge cards and their individual credit limits has been a complex and time-consuming task for companies. The Galileo Corporate Credit solution simplifies this process by introducing a central account with a single credit limit for fintechs and non-financial brands to facilitate a streamlined billing cycle and enable corporate-level repayments.

Galileo Financial Technologies, LLC, a leading financial technology company, announced today that its affiliate’s conversational AI engine, Cyberbank Konecta, which was integrated into the existing tech stack of SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company and all-in-one app, is delivering on SoFi’s mission for member engagement and satisfaction. Galileo is a wholly-owned subsidiary of SoFi Technologies, Inc.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), announced today that its Galileo Buy Now, Pay Later (BNPL) offering is now available for lenders to offer it as a service for their small business clients (SMBs).* In partnership with Mastercard, banks and fintechs working with Galileo can seamlessly and securely offer installment financing options to small businesses via Mastercard Installments, providing them with more flexibility to make larger purchases and manage their cash flow.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), announced today that its solutions will now be listed on the AWS Marketplace, a curated digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy and deploy software that runs on Amazon Web Services (AWS).

Central Payments, architect of the award-winning Open*CP Fintech API MarketplaceSM and ‘REAL’ Banking-as-a-Service (BaaS) provider, announces a long-term processing services renewal with Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI). The extended agreement ensures that programs delivered through Open*CP enjoy robust and scalable processing capabilities well into the future.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), is now offering Cyberbank Konecta, a conversational AI engine, in multiple deployment models for financial institutions, fintechs and non-financial brands. Using Galileo’s secure, agile and highly-scalable conversational banking solution, Konecta-as-a-Service enables companies to create intelligent digital experiences quickly and efficiently.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), announced the launch of Galileo Direct Deposit Switch. Powered by Atomic, the infrastructure provider for connecting with payroll accounts, Galileo’s Direct Deposit Switch functionality gives the company’s fintech clients an opportunity to better serve consumers by offering faster access to their wages and a more streamlined approach to redirecting part or all of their paychecks into a financial services accounts of their choice.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), today announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing. Banks and fintechs will have access to the customizable Galileo Buy Now, Pay Later solution, offering them easy entry into the in-demand BNPL market and enabling greater spending power for their customers.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), announced today that its API-enabled financial technology powers Pomelo, a new charge card that allows families in the U.S. to build and extend their credit access abroad without incurring expensive remittance fees.

Galileo Financial Technologies, LLC, a leading financial technology company and Technisys, the company behind Cyberbank, the cloud-native, next-gen digital banking platform - both companies owned and operated independently by SoFi Technologies, Inc. NASDAQ: SOFI - are proud to announce a new offering, Cyberbank Digital as a managed service.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQSOFI), has expanded its Galileo Payment Risk Platform jointly with DataVisor, a market leader in fraud and risk management, to offer robust fraud management solutions that help clients mitigate risk with precision and speed.