Galileo Financial Technologies

Leader

Financial technology platform for card issuance and payment processing. Salt Lake City UT, acquired by SoFi for $1.2B in 2020, powers 100M+ accounts across leading fintech companies.

Card Issuance Platform
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Capabilities
Card Issuance Platform

Company Overview

Galileo Financial Technologies is a financial technology platform providing card issuance, payment processing, and account management APIs that power some of the largest fintech companies in the United States and Latin America. Founded in 2000 and headquartered in Salt Lake City, Utah, Galileo was acquired by SoFi Technologies for $1.2 billion in 2020, remaining a standalone platform serving third-party fintech customers. Galileo's APIs power more than 100 million accounts across customers including Chime, Robinhood, Monzo, and Transfers.\n\nGalileo's platform covers the full card lifecycle: account provisioning, debit and credit card issuance, real-time authorization, transaction processing, dispute management, and program analytics. Its processing infrastructure handles billions of transactions annually with high-availability architecture built for the uptime requirements of consumer fintech applications. The platform also provides ACH and direct deposit capabilities that have become foundational for neobank products competing on early paycheck access.\n\nAs part of SoFi, Galileo has expanded its platform with additional capabilities including lending infrastructure, account verification, and fraud management tools — enabling fintech customers to build more comprehensive financial product suites on the platform. Galileo's Latin America presence, serving customers like Ualá and Nubank partners, positions it as one of the few infrastructure providers with scale across both US and LATAM embedded finance markets.

Revenue
$1200M
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Key Differentiators

Market Leader

Galileo Financial Technologies is recognized as a market leader in the Embedded Finance sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $1200M in revenue, Galileo Financial Technologies operates at enterprise scale with proven market validation.

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