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Galileo is a leading modern financial technology platform that provides the infrastructure for many of the world’s most recognized fintechs, neobanks, and financial institutions. Originally founded in 2000, Galileo revolutionized the industry by offering powerful APIs that allow companies to issue cards, create digital bank accounts, and manage payments with ease.
The platform's core operations and technical development were established in Salt Lake City, Utah. Over the years, it has become a backbone of the digital banking sector, processing billions of dollars in volume and supporting millions of individual accounts. Its software architecture is designed for high-frequency transaction environments, as seen in its sophisticated event queuing and settlement systems.
In 2020, SoFi Technologies, Inc. acquired Galileo in a landmark deal aimed at vertically integrating its financial services stack. This acquisition allowed Galileo to expand its reach and continue innovating in the embedded finance space while operating as an independent subsidiary of the SoFi ecosystem.
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