About Galileo FT
Galileo FT is a Financial Services company based in Sandy (United States) founded in 2000, and was acquired by SoFi in April 2020. API-based open banking and payment solutions are provided online. Galileo FT has raised $85 million across 2 funding rounds from investors including SoFi, Accel and Mercato Partners. Its website galileo-ft.com draws about 72 thousand monthly visits. Galileo FT offers products and services including Card Issuing Platform, Payments Platform, and Digital Banking Platform. Its focus areas include FinTech, Payments, Enablers and Issuer Processor. Its legal entity is Galileo Financial Technologies, LLC. Its competitors include Zeta, Euronet Worldwide and EVO Payments; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2000 and based in Sandy, United States, Galileo operates as a fintech platform focused on open banking and payments. API-driven solutions are delivered to banks, fintech firms, and enterprises, encompassing core banking platforms, digital banking tools, white-label payment systems, card issuing, embedded finance, cryptocurrency processing, data analytics, credit and lending services, and risk compliance features. Cloud infrastructure supports the delivery of these offerings.
Products & Services of Galileo FT
Galileo FT offers a comprehensive portfolio of products and services, including Card Issuing Platform, Payments Platform, and Digital Banking Platform.
Platform for issuing and managing payment cards securely
System for handling transactions and money transfers
Tools for checking, savings, and lending operations
Apps and channels of Galileo FT
its YouTube channel Galileo Financial Technologies has 830 subscribers and 30 videos.
Videos from Galileo FT
The most watched videos on Galileo FT's YouTube channel, Galileo Financial Technologies (830 subscribers). Click a video to play it here.
More on Galileo Financial Technologies.
Funding Insights of Galileo FT
Galileo FT has successfully raised a total of $85M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $77 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $85M
- Total Rounds 2
- Last Round Series A — $77M
- First Round $8M
(Apr 2014)
- Investors Count 3
All 2 funding rounds of Galileo FT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $77M | Series A | – | Accel | |
| Apr 2014 | $8M | Series A | – | Mercato Partners | – |
4 investors in total: 3 institutional and 1 angel.
Investors in Galileo FT
Galileo FT has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include SoFi, Accel and Mercato Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Growth-stage investments in consumer tech are managed. | 2007 | mercatopartners.com | Cottonwood Heights, United States | |
Various consumer loans and financial services are offered online. | 2011 | sofi.com | San Francisco, United States | |
RS Ryan Smith | Indian angel investor focusing on early-stage tech startups. | unknown_23eb7b604e644e8c9 |
Investor details for Galileo FT
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People of Galileo FT
4 people are tracked at Galileo FT (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Katy Blomeke | VP Cardholder Services | Leadership |
Juan R. | Director De Contabilidad | Leadership |
Bill Kennedy | CFO and Interim Head of Galileo | Leadership |
Fernando Goria | Finance Transformation Manager | Team |
Complete people profiles for Galileo FT
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Timeline of Galileo FT
4 dated milestones of Galileo FT across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Galileo FT is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series A, of $77.0M.
- Exit Acquired by SoFi.
Competitors of Galileo FT
Galileo FT has 3 listed competitors in our database, 1 of them funded. They include Zeta, Euronet Worldwide and EVO Payments.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeta.tech | 2015 | San Ramon, United States | $390M | 1,278 | Payment and banking solutions are provided to users and banks. | |
| euronetworldwide.com | 1994 | Leawood, United States | 10,000 | Electronic payments and transaction processing solutions are offered globally. | ||
| evopayments.com | 1989 | Atlanta, United States | Global payment solutions are provided by EVO Payments, Inc. |
Detailed competitors of Galileo FT
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- Full competitor set
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Web traffic of Galileo FT
The website of Galileo FT (galileo-ft.com) receives about 72.4K visits a month.
- Monthly visits72.4K
▲ 20.3% vs previous month
Websites whose visitors overlap most with Galileo FT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marqeta.com | 100% | 836.8K | #68,745 | View details | |
| silamoney.com | 94% | 23.6K | #1,062,856 | View details | |
| unit.co | 91% | 61.1K | #498,670 | View details | |
| onbe.com | 91% | 25.2K | #1,194,896 | View details | |
| mybambu.com | 89% | 37.6K | #796,576 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Galileo FT
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- 40 similar websites
- Audience overlap
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Galileo FT (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Galileo Ft
Complete news archive for Galileo FT
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Frequently Asked Questions about Galileo FT
Galileo FT was founded in 2000 and raised its 1st funding round 14 years after it was founded.
Galileo FT is headquartered in Sandy, United States. It is registered at Sandy, Utah, United States.
Galileo FT is a funded company, having raised a total of $85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 2014.
Founded in 2000 and based in Sandy, United States, Galileo operates as a fintech platform focused on open banking and payments. API-driven solutions are delivered to banks, fintech firms, and enterprises, encompassing core banking platforms, digital banking tools, white-label payment systems, card issuing, embedded finance, cryptocurrency processing, data analytics, credit and lending services, and risk compliance features. Cloud infrastructure supports the delivery of these offerings.
Galileo FT's top competitors include Zeta, Euronet Worldwide and EVO Payments.
Galileo FT offers Card Issuing Platform, Payments Platform, and Digital Banking Platform.
Galileo FT has 4 investors. Key investors include SoFi, Accel, Mercato Partners, and Ryan Smith.
Galileo FT operates through Galileo Financial Technologies, Llc.
Yes. Galileo FT was acquired by SoFi in April 2020.